The Happy Fruit Computer Company is considering purchasing a new piece of software that will...
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The Happy Fruit Computer Company is considering purchasing a new piece of software that will cut back on waste as well as save time. Savings from reduced waste are expected to be $2374. It's expected that the new software will cut the number of hours required at the plant by 1511 hours annually. The cost of one hour of labor $16. The cost of the software being considered is $82095. What is the expected payback on the software being considered? Round your answer to one decimal place.
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