A company is considering purchasing a machine for $ 8 5 , 0 0 0 . The

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Question:

A company is considering purchasing a machine for $

85, 000 .

The machine is expected to generate annual income of $

11, 250

per year. Depreciation expense would be $

8, 500

per year. What is the payback period for this machine?

Related Book For answer-question

Contemporary Engineering Economics

ISBN: 978-0136118480

5th edition

Authors: Chan S. Park

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Posted Date: May 11, 2024 10:39 AM

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A company is considering purchasing a machine for $ 8 5 , 0 0 0 . The

Question:

Expert Answer:

The payback period for this machine is approximately 46 years Heres how we can calculate it 1 Calcul... View the full answer

Contemporary Engineering Economics

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