QUESTION 39 The net initial investment for a piece of construction equipment is $1,000,000. The equipment has an 6-year useful life. Annual total cash inflows are expected to increase by $240,000, $300,000, $340,000, $480,000, $500,000, $600,000 for year 1 to year 6. What is the payback period? O A. 4. 25 years O B.6 years O C.3.75 years O D.3.25 years

The net inital imvestmont for a piece of construction equpment is 51,000,000 The equigmert has an 6 -year useful ife. Arnual wotal conh iffors ave exsected to nowase ty $240,000,5300,000,5340,000,5400,000,5500,000,5600,000 for yevar 1 to year 6 What is the payback penod? A 425 yoars Al 6 years C. 35 years D. 325 yoars