Question: . For both machines, determine ( a ) the no-return payback period and ( b ) the nominal 18% per year payback period ( c

. For both machines, determine ( a ) the no-return payback period and ( b ) the nominal 18% per year payback period ( c ) which machine should be selected based on AW analysis?

Machine

Machine 1

Machine 2

First cost

15000

8000

NCF, $ per month

-2000 (months1-2)

1000 (months 3-4)

3000 (months 5-8)

2000 (months 1-4)

Life, month

8

4

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