You invest $5,000 in a project, and it generates $1,250 annually. How long will it take to recover your investment?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 3EA: If a copy center is considering the purchase of a new copy machine with an initial investment cost...
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You invest $5,000 in a project, and it generates $1,250 annually. How long will it take to recover your investment? 

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