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A company is considering the purchase of a new plece of equipment foe 590,000 . Predicted annual cash intlows from this inyestmant are 536,000 (year

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A company is considering the purchase of a new plece of equipment foe 590,000 . Predicted annual cash intlows from this inyestmant are 536,000 (year 1 , 390,800 (year 2), 516,000 (year 3), 512,000 (year 4) and \$6,000 (year 5). The payback period is: 4.54 years. 425 ytars: 350 years. 3.00 years 2.50 years

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