0/1 Question 3 of 9 View Policies Show Attempt History Current Attempt in Progress * Your answer is incorrect $550,000 is invested in processing equipment having a negligible salvage value regardless of the number of years used. Annual cost savings of $60,000 occur the first year, thereafter, annual savings increase 12% per year. Based on a MARR of 12%, solve mathematically for the DPBP. Assume a fractional number of years is feasible. Click here to access the TVM Factor Table calculator. n 1222 years Round entry to 2 decimal palces. The tolerance is 20.02