4 2 points Dynamic - Problem and answer changes with each attempt (consider an Excel solution) DenMat Corporation with $ 561,777 in operating assets is considering the purchase of a machine that costs $ 69,582 and which is expected to reduce operating costs by 23,701 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.): (Round your answer to 2 decimal places.) Type your answer... Previous Next