It will cost $5,500 to acquire a small computer back-up system. Cost savings are expected to be $1,800 a year for three years.
It will cost $5,500 to acquire a small computer back-up system. Cost savings are expected to be $1,800 a year for
three years. After the three years, the system is expected to be worthless as that is the expected remaining life of the technology. What is the payback period of the system?
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