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Chapter 24: Homework i Browser=0&launchUrl=https%253A Saved 2F%252Flms.mheducation.com%252Fmghmiddleware%252Fmheprodu 3 25 points eBook Hint Print References Exercise 24-5 Payback period computation; even cash flows LO P1 Compute

Chapter 24: Homework i Browser=0&launchUrl=https%253A Saved 2F%252Flms.mheducation.com%252Fmghmiddleware%252Fmheprodu 3 25 points eBook Hint Print References Exercise 24-5 Payback period computation; even cash flows LO P1 Compute the payback period for each of these two separate Investments: a. A new operating system for an existing machine is expected to cost $260,000 and have a useful life of six years. The system yields an incremental after tax income of $75,000 each year after deducting its straight-line depreciation. The predicted salvage value of the system is $10,000. b. A machine costs $200,000, has a $14,000 salvage value, is expected to last eleven years, and will generate an after-tax income of $41,000 per year after straight-line depreciation. 72F Sunny Mc Graw Hill a b Payback Period Choose Numerator: 1 Choose Denominator: Payback Period Payback period Q Search J 9 < Prev 3 of 10 Nest > e

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