how do you get 7.92 years

0/1 pts Question 6 In January, Thomas Ltd purchased a new machine for $95 000 that has a useful life of 10 years and a terminal value of $5000. Annual cash operating savings from the machine are $20 000. The income tax rate is 40%. What is the after- tax payback period? Correct Answer 7.92 Years You Answered 5.26 Years 4.00 Years 7.50 Years