2 points Save Answer A company with $500,000 in operating assets is considering the purchase of a machine that costs $124,500 and which is expected to reduce operating costs by $15,000 each year. These reductions in cost occur evenly throughout the year. The payback period for this machine in years is closest to (Ignore income taxes.): 33.3 years 4 years 0.12 years 8.3 years Question 39

A company with \\( \\$ 500,000 \\) vi operating asseis is considaring the purchase of a machine that costs \\( \\$ 124, \\$ 00 \\) and which is empected to reduce coperating cests by \\( \\$ 15,000 \\) each ytar 39.3 years 4 years 0.12 years 8.3 years