5-74. A specialized automatic machine costs $300,000 and is expected to save $111,837.50 per year while in

Question:

5-74. A specialized automatic machine costs $300,000 and is expected to save $111,837.50 per year while in operation. Using a 12% interest rate, what is the discounted payback period? (5.8)

(a) 4

(b) 5

(c) 6

(d) 7

(e) 8

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Engineering Economy

ISBN: 9781292265001

17th Global Edition

Authors: William G. Sullivan ,Elin M. Wicks ,C. Patrick Koelling

Question Posted: