Engineering, 08.06.2021 15:20 bossefamily1

An investment of $76,000 in equipment that will reduce the time for machining self-locking fasteners will save $29,000 per year. At an interest rate of 8% per year, Estimate the number of years required to recover the initial investment. Round up your answer to the higher whole number.

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An investment of $76,000 in equipment that will reduce the time for machining self-locking fasteners...