Question
You are trying to decide whether to purchase a new packaging machine. The machine purchase would require an expenditure today of $80,000 and would generate
You are trying to decide whether to purchase a new packaging machine. The machine purchase would require an expenditure today of $80,000 and would generate the following expected future cash inflows:
| YEAR | Cash Flow |
| 1 | $26,200 |
| 2 | $18,852 |
| 3 | $18,079 |
| 4 | $44,00 |
| 5 | $23,000 |
What is the payback period (in years) for this machinery purchase?
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Personal Finance QuickStart Guide
Authors: Morgen Rochard
1st Edition
1945051019, 978-1945051012
