Your firm uses the discounted payback method. Calculate the discounted payback for the following investment. A machine costs $220,000. After-tax cash inflows are expected to be $120,000 per year for the next five years. Assume a discount rate of 10%. (Enter your answer accurate to two (2) decimal places).  

Answer rating: 100% (QA)

3 Period 1 4 2 3 X 5 Investment rl 120000 129000 cash inflow z PVIF 10 120000 ndia ... View the full answer