A specialized automatic machine costs $300,000 and is expected to save $111,837.50 per year while in operation.

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A specialized automatic machine costs $300,000 and is expected to save $111,837.50 per year while in operation. Using a 12% interest rate, what is the discounted payback period?
(a) 4
(b) 5
(c) 6
(d) 7
(e) 8

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Engineering Economy

ISBN: 978-0132554909

15th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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Question Posted: May 17, 2016 05:54 AM

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A specialized automatic machine costs $300,000 and is expected to save $111,837.50 per year while in operation.

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Engineering Economy

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