30 Brandt, Inc. is considering purchasing a new stamping machine which will cost $150,000. Due to the machine being more efficient, the company will save $40,000 per year. However, the machine will require extensive maintenance every second year at a cost of $15,000. Compute the payback period for this investment. (Round years to two decimals. You may submit written work to support partial credit for this question.) 8 Short Answer 02:28:04 Toolbar navigation BIUS 141