Business, 06.06.2020 16:57 ipadguy1806

Fast Foto bought a new highminusspeed photo copier to offer customers the opportunity to make highminusquality copies out of their digital pictures. Its useful life is 7 years. The copier cost $ 7 comma 680 and will generate annual cash inflows of $ 2 comma 130. The residual value of the copier is $ 1 comma 390. The payback period in years is closest to A. 5.53. B. 3.61. C. 2.95. D. 2.61.

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