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An investor on the Shark Tank has offered an entrepreneur a deal for his company. Part of the deal is the investor wants a royalty
An investor on the Shark Tank has offered an entrepreneur a deal for his company. Part of the deal is the investor wants a royalty on his investment. The investor will lend the entrepreneur $205,101.00 but wants $1.99 per unit sold. The entrepreneur expects to sell 25,710.00 units per year each year going forward. What is the payback for the investor? Submit
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