Question
Mustang lnc. has just paid of $3000 for a new electric motor. the new motor is expected to reduce energy costs by 900 per year.
Mustang lnc. has just paid of $3000 for a new electric motor. the new motor is expected to reduce energy costs by 900 per year. the salvage value is zero. assume interest rate is 12%
what is the conventional payback period for mustang's motor?
what is the discounted payback period for mustang's motor?
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Dave Ramseys Complete Guide To Money
Authors: Dave Ramsey
1st Edition
1937077209, 978-1937077204
