Multiple Choice
Calculate the payback period if a new printer is purchased at a cost of $12,000, with monthly savings of $333.33 due to higher quality print and fewer reprints, etc. The annual savings are estimated at $4,000.
A) 2 years
B) 2.5 years
C) 3 years
D) 3.5 years
Correct Answer:
Verified
Correct Answer:
Verified
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