Question: Carpet Llc is purchasing a new machine for $ 180,000. The new machine would generate cash flow of $100,000 for each of the next three

Carpet Llc is purchasing a new machine for $ 180,000. The new machine would generate cash flow of $100,000 for each of the next three years. Carpet uses a discount rate of 15%. What is the payback ( in years)?

A. 1.4

B 1.6

C 1.8

D 1.9

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