Required information A process for producing the mosquito repellant Deet has an initial investment of $200,000 with annual costs of $43,000. Income is expected to be $90,000 per year. What is the payback period at i= 0% per year? At i= 12% per year? (Note: Round your answers to the nearest integer.) The payback period at i= 0% is determined to be years. The payback period at i= 12% is determined to be years.
Required information A process for producing the mosquito repellant Deet has an initial investment of $200,000 with annual costs of $43,000. Income is expected to be $90,000 per year. What is the payback period at i= 0% per year? At i= 12% per year? (Note: Round your answers to the nearest integer.) The payback period at i= 0% is determined to be years. The payback period at i= 12% is determined to be years.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Required information
A process for producing the mosquito repellant Deet has an
initial investment of $200,000 with annual costs of $43,000.
Income is expected to be $90,000 per year.
What is the payback period at i= 0% per year? At i= 12% per year? (Note: Round
your answers to the nearest integer.)
The payback period at i= 0% is determined to be
уears.
The payback period at i= 12% is determined to be
years.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8ceff6ba-c9a5-4098-b4e9-1aa5e3900da3%2F33a9f435-36ac-4a30-989b-e91bdc1e7fa0%2F3dwniu8_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required information
A process for producing the mosquito repellant Deet has an
initial investment of $200,000 with annual costs of $43,000.
Income is expected to be $90,000 per year.
What is the payback period at i= 0% per year? At i= 12% per year? (Note: Round
your answers to the nearest integer.)
The payback period at i= 0% is determined to be
уears.
The payback period at i= 12% is determined to be
years.
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