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A software project requires 18 man months to develop and development cost for one year is $12,000.00. Once the software is released maintenance cost per
A software project requires 18 man months to develop and development cost for one year is $12,000.00. Once the software is released maintenance cost per annum is $1,000.00 per year.
Once released revenue earned per year for the project is $2500.00 per year.
How long ( in years ) will it take for the company to make profit?
Is this a feasible project in your opinion? Give your reason.
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