Caruso Hardware is adding a new product line that will require an investment of $1,500,000. Managers estimate that this

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Caruso Hardware Is Adding A New Product Line That Will Require An Investment Of 1 500 000 Managers Estimate That This 1 (12.24 KiB) Viewed 4 times

Caruso Hardware is adding a new product line that will require an investment of $1,500,000. Managers estimate that this investment will have a 10-year ea $235,000 each year thereafter for eight years. The investment has no residual value. Compute the payback period First enter the formula, then calculate the payback period. (Round your answer to two decimal places), Payback years cash inflows of $305.000 the first year £270,000 the second year, and