Business
Business, 22.04.2021 18:50, cheatcodeb

You are planning to invest $4,000 in new equipment. The investment will generate cost savings of $6,000 a year for two years, after that the salvage value is zero. The cost of capital is 25% a year. Compute the payback period. Group of answer choices not enough information 2.5 years 4 years 0.667 years 1.5 years

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