principles of finance

he management of Brunus Corporation is considering the purchase of a new machine costing $375,000. The cornpany expects to use this machine or 5 years. The company's desired rate of return is 6%6. The present value factor for an annuity of $1 at interest of 6% for 5 years is 4.212. Income rom operations for each of the five years is $18,750. In addition, the net cash flows for each of the five years is $93,750. What is the traditional cash. sayback period for this I investment? a. 4 years b. 5 years c. 20 years d. 3 years