What is payback period in years rounded to one decimal place, Project Management

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What is payback period in years rounded to one decimal place

Problem

The first 3 questions are about the the proposed purchase of a new scanner. You will also use this information for questions 4, 5, & 6. Vendor A has a unit priced at $8,000 and says it will save the department $2,250 per year. What is the payback period in years, rounded to one decimal place?

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Project Management: What is payback period in years rounded to one decimal place

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Project Management: What is payback period in years rounded to one decimal place

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