Question

A machine is purchased for $200,000. It has savings of $50,000 the first year, $35,000 the second year, and $25,000 during years three through ten. In year ten it is scrapped.

What is the payback period for the machine?

Answer 1

I have an answer. I just want to make sure my thinking is correct.

Answer 2

@zepdrix

Answer 3

*Yawwwwnnnnn*