P 8-14 (similar to) : Question Help You are a real estate agent thinking of placing...

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P 8-14 (similar to) : Question Help You are a real estate agent thinking of placing a sign advertising your services at a loc

business finance

Answer 1

Answer #1

Payback period=initial cost/additional revenue per month

=5000/850

which is equal to

=5.9 months(Approx).

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Answer 2

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