Question: Roberts Hardware is adding a new product Ine that wit require an investment of 51.512 .000 Managers esfingte that this investment wal have a 10-year
Roberts Hardware is adding a new product Ine that wit require an investment of 51.512 .000 Managers esfingte that this investment wal have a 10-year Mte and generate net cash nilow of 510.009 the frit year 5300,000 the second year, and s250.000 each year thereatter for eight years. Compute the paybock period Round to con decinal place. The payback in years is Roberts Hardware is adding a new product Ine that wit require an investment of 51.512 .000 Managers esfingte that this investment wal have a 10-year Mte and generate net cash nilow of 510.009 the frit year 5300,000 the second year, and s250.000 each year thereatter for eight years. Compute the paybock period Round to con decinal place. The payback in years is
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