A manufacturing company spent $30,000 on a new conveyor. If the conveyor generates cost savings of $4200 per year, the length of time it will take for the company to recover its 8% annual investment at most is: A. Less than 9 years B. 9 to 10 years C. 11 to 12 years D. More than 12 years Please solve based the option max 20 minutes ASAP

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