What is the payback period

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The New Watch Times is considering a new printing press to increase its productive capacity. If the cost of the press is $500,000 and the relevant cash flows from the project are $90,000 per year over the next ten years, what is the payback period? The cash flows are uniformly occurring throughout the year. Q 7.49 years 0 5.56 years 0 6.56 years 0 5.00 years 0 6.00 years

Reference no: EM133075991

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