The net initial investment for a new mainframe computer is $2,000,000.Annual cash flows are expected to increase by $800,000 per year.The equipment has a 10-year useful life.What is the payback period?
A)4.00 years
B)2.50 years
C)2.00 years
D)1.75 years
E)0.75 years

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The Answer of The net initial investment for a new mainframe computer is $2,000,000.Annual cash flows are expected to increase by $800,000 per year.The equipment has a 10-year useful life.What is the payback period?
A)4.00 years
B)2.50 years
C)2.00 years
D)1.75 years
E)0.75 years

The Net Initial Investment for a New Mainframe Computer Is