! Required information A process for producing the mosquito repellant Deet has an initial investment of $250,000 with annual costs of $42,000. Income is expected to be $90,000 per year. What is the payback period at /=0% per year? At /= 12% per year? (Note: Round your answers to the nearest integer.) The payback period at /= 0% is determined to be [ years. The payback period at /= 12% is determined to be years.
! Required information A process for producing the mosquito repellant Deet has an initial investment of $250,000 with annual costs of $42,000. Income is expected to be $90,000 per year. What is the payback period at /=0% per year? At /= 12% per year? (Note: Round your answers to the nearest integer.) The payback period at /= 0% is determined to be [ years. The payback period at /= 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
$250,000 with annual costs of $42,000. Income is expected to be $90,000 per year.
What is the payback period at /= 0% per year? At /= 12% per year? (Note: Round your answers to the
nearest integer.)
The payback period at /= 0% is determined to be
years.
The payback period at /= 12% is determined to be
years.
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