7. 6.7 A powerful set of glasses, called eSight, can give sight to the legally blind by...

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7. 6.7 A powerful set of “glasses,” called eSight, can give sight to the legally blind by using high-definition video, magnification, contrast, and propriety algorithms to enhance imagery into something they can see.

The cost of the device is $9995. If the company that makes the device spent $1.9 million to develop it, what rate of return will the company make over a 5-year planning period if it sells 200 devices each year at a profit of $2500 per device?

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Basics Of Engineering Economy

ISBN: 9781259683312

3rd Edition

Authors: Leland T. Blank, Anthony Tarquin

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