Question
A new machine will cost $24,000, but it will result in a savings of $4,000 per year. What will the payback time be in
A new machine will cost $24,000, but it will result in a savings of $4,000 per year. What will the payback time be in years?
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs
11th edition
134141083, 978-0134141084
