A firm is considering a buying a new computer controlled cut-off machine. It costs $50,000. It will provide cash flows (profits) of $15,000 for five years. The payback is: Worth 4 points 1.5 years 3.3 years 5 years 10 years

A firm is considering a buying a new computer controlled cut-off machine. It costs $50,000, it will provide cash flows (profits) of \$15, 000 for fiveyears. The parbect is: Worth 4 points 1.5 yaars 45 voth 5 years 10 yeans