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
Engineering Economy
ISBN: 9781292265001
17th Global Edition
Authors: William G. Sullivan ,Elin M. Wicks ,C. Patrick Koelling
Question Posted: