am (Fall 2020) Question 17 of 50 - /6 View Policies Current Attempt in Progress Cullumber Company is considering a purchase of equipment that costs $79800. The equipment has a 6-year life and no salvage value. Cullumber uses straight-line depreciation. The equipment has a payback period of 4 years. The accounting rate of return is closest to 0.41.7% @ 4.2% 25.0% 8.3% Attempts: 0 of 1 used Submit Answer Save for Later