Question: please include steps on financial calculator Green Wave, Inc. is considering the purchase of a $400 machine. The cash inflows expected from using the machine

please include steps on financial calculator

Green Wave, Inc. is considering the purchase of a $400 machine. The cash inflows expected from using the machine are as follows: end of year 1 120 end of year 2 200 end of year 3 250 What is the payback for this project? (regular payback, not discounted payback) If the firm has a policy of only accepting projects with payback of 3 years or less, should the firm accept this project? HTML Editor

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