Question
How long would it take to breakeven an investment of $245,000, if the associated income is $92,000 per year and the total annual operating cost
How long would it take to breakeven an investment of $245,000, if the associated income is $92,000 per year and the total annual operating cost is $38,000 per year? Use a MARR of 15% per year. Assume no salvage value.
| Between 6 and 7 years | ||
| Between 7 and 8 years | ||
| Between 8 and 9 years | ||
| Between 5 and 6 years |
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Corporate Finance Investment And Advisory Applications
Authors: Jesse McDougall, Patrick Boyle
1st Edition
1530116597, 9781530116591
