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Builtrite is considering the purchase of a machine with the following cash flow diagram: year 0 spend $75,000 year 1$25,000 year 2$40,000 year 3$20,000 year

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Builtrite is considering the purchase of a machine with the following cash flow diagram: year 0 spend $75,000 year 1$25,000 year 2$40,000 year 3$20,000 year 4$15,000 What is the payback period? 2.33 years 2.50 years 2.67 years 2.75 years

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