You invest $300,000 for new equipment at a manufacturing facility. The equipment is expected to produce $125,000 per year in revenue. The expenses for operating the equipment are $45,000/year. There is no salvage value for the equipment. MARR is 15%. How long will it take to break even on the investment?

Answer rating: 100% (QA)

Investment in equipment 300000 Annual revenue from equipment 125000 Annual operating e... View the full answer