Determine the payback period for an embedded computer that has an initial value of $1,200,000, annual O&M costs of $15,000, and estimated revenue of $100,000 per year.With a 10% salvage of the initial investment. The rate of return of the equipment is 6% per year.

Required to develop a project during the next 8 years.

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To determine the payback period for the embedded computer project we need to calculate how long it t... View the full answer