The company is considering an investment that costs $430,000 today and will provide $72,000 each year in net cash inflow, but the company is not sure how long the investment will last.
The company has a discount rate of 10%. Compute the number of years of useful life required for this investment to break even.
The company is considering an investment that costs $430,000 today and will provide $72,000 each year in net cash inflow, but the company is not sure how long the investment will last.
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