6. 2.115 A manufacturing company spent $30,000 on a new conveyor belt. If the conveyor belt resulted
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6. 2.115 A manufacturing company spent $30,000 on a new conveyor belt. If the conveyor belt resulted in cost savings of $4200 per year, the length of time it would take for the company to recover its investment at 8% per year is closest to:
1. 7 to 8 years 2. 9 to 10 years 3. 11 to 12 years 4. 13 to 14 years
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Related Book For
Basics Of Engineering Economy
ISBN: 9781259683312
3rd Edition
Authors: Leland T. Blank, Anthony Tarquin
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