Calculate the payback period for the following scenario: Round your answer to 2 decimal places.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Calculate the payback period for the following scenario: Round your answer to 2 decimal places.

 
Direct Costs
• 15 laptops-$1,850/each
A server-$2,100
Network installation-$16,500
Software-$22,500
Indirect Costs
• Training-$10,000
Annualized Benefits
Increased capacity-$250,000
Transcribed Image Text:Direct Costs • 15 laptops-$1,850/each A server-$2,100 Network installation-$16,500 Software-$22,500 Indirect Costs • Training-$10,000 Annualized Benefits Increased capacity-$250,000
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