Question: John is considering purchasing a new point-of-sale computer system for his store. The computer system will allow cashiers to process sales and returns quicker, plus

John is considering purchasing a new
John is considering purchasing a new point-of-sale computer system for his store. The computer system will allow cashiers to process sales and returns quicker, plus it will easily integrate with his inventory management system. The new computer system will cost John $31,000 to purchase and setup. The expected net cash flow from savings is shown below. Using the payback method, in what year will John recover his investment? Do not enter dollar signs or commas in the input boxes. Use the negative sign for negative values. Year Expected Net Cash Flow Cumulative Net Cash Flows 0 1 2 3 4 5 $-31,000 $9,400 $6,100 $5,200 $8,400 $10,700 Year the investment is recovered

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