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B. Projections for a new investment in lithium batteries are as follows: YEAR COST BENEFIT 0 12,000 0 1 0 2000 2 0 4000 3
B. Projections for a new investment in lithium batteries are as follows:
| YEAR | COST | BENEFIT |
| 0 | 12,000 | 0 |
| 1 | 0 | 2000 |
| 2 | 0 | 4000 |
| 3 | 0 | 6000 |
| 4 | 0 | 6000 |
| 5 | 0 | 2000 |
| 6 | 0 | 1000 |
What is the payback period on this investment?
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Contemporary Issues In Accounting
Authors: Michaela Rankin, Matthew Tilling, Susan C. Mcgowan, Kimberly Ferlauto, Patricia Anne Stanton
1st Edition
0730300269, 9780730300267
