Question: This question context is from the textbook Engineering Economic Analysis A water efficient dishwasher is being considered for the cafeteria. The efficient system costs $3,000
This question context is from the textbook Engineering Economic Analysis
A water efficient dishwasher is being considered for the cafeteria. The efficient system costs $3,000 more than the other model but is expected to save $1,200 per year more in water expense. Select from below the payback period (in years) for this project.SHOW YOUR WORK/REASONING
A - 3.5
B - 3.0
C - 2.5
D - 4.0
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