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Builtrite is considering the purchase of a machine with the following cash flow diagram: year 0 spend $70,000 year 1$30,000 year 2$25,000 year 3$10,000 year

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Builtrite is considering the purchase of a machine with the following cash flow diagram: year 0 spend $70,000 year 1$30,000 year 2$25,000 year 3$10,000 year 4$10,000 What is the payback period? 3.25 years 3.5 years 3.75 years 4.0 years

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