Brackett Corporation is adding a new product line that will require an investment of $120,000.The product line is estimated to generate cash inflows of $25,000 the first year,$23,000 the second year,and $18,000 each year thereafter for ten more years.What is the payback period?

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The Answer of  Brackett Corporation is adding a new product line that will require an investment of $120,000.The product line is estimated to generate cash inflows of $25,000 the first year,$23,000 the second year,and $18,000 each year thereafter for ten more years.What is the payback period?

Brackett Corporation Is Adding a New Product Line That Will