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A New Computer Costs $5,000 and Is Expected to Save

Question 39

Multiple Choice

A new computer costs $5,000 and is expected to save $500 per month in employee time because of its speed. It has an expected life of 3 years. What is the payback period for the computer?


A) 10 months
B) 1 year
C) 2 years
D) 3 years

Correct Answer:

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