Lynch Pin in Learning is considering investing $411,000 in equipment to expand their operation. They anticipate this investment will save them $68,500 per year for each of the 8 years of its useful life. What will be the payback for this investment? Amount Invested / Expected annual net cash inflow = Payback (Years)   /   =

Principles of Accounting Volume 2
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ISBN:9781947172609
Author:OpenStax
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Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 3EA: If a copy center is considering the purchase of a new copy machine with an initial investment cost...
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Lynch Pin in Learning is considering investing $411,000 in equipment to expand their operation. They anticipate this investment will save them $68,500 per year for each of the 8 years of its useful life.

What will be the payback for this investment?

Amount Invested / Expected annual net cash inflow = Payback (Years)
  /   =  
 
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