Answer:
Payback = 5.25 years
Explanation:
If a project has equal annual cash-flows, the payback period can be easily calculated using the formula:

The question does not make specific reference to cash-flows from the project, but the reduction in operating costs every year resulting from the acquisition of this machine is treated as an increase in net cashflows before taxes for the company, and as such will be used as the cash-flows for capital investment analysis.
As such:

The income from property taxes benefits the entire community by funding essential services and public works.
Funding refers back to the money required to start and run a commercial enterprise. it is a financial funding in a agency for product improvement, manufacturing, growth, income and marketing, workplace spaces, and inventory.
Funding is the act of imparting assets to finance a want, application, or challenge. at the same time as that is commonly inside the form of money, it may additionally take the shape of an attempt or time from an enterprise or business enterprise. The main resources of funding are retained profits, debt capital, and fairness capital.
Agencies use retained earnings from business operations to expand or distribute dividends to their shareholders. Companies boost finances by means of borrowing debt privately from a bank or by way of going public (issuing debt securities).
Learn more about funding here brainly.com/question/25887038
#SPJ4
Moschino Cross Bear Women Short Sleeves Short Dress Black
Shop <u>www.moschinooutletonlinestore.com</u> 2018 Moschino Outlet Online Store, Buy Moschino Cross Bear Women Short Sleeves Short Dress Black with Big Discount, Fast Delivery and Free Worldwide Shipping...
<u>https://www.moschinooutletonlinestore.com/moschino-cross-bear-women-short-sleeves-short-dress-black.html
</u>