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Nancy is hoping that an investment of $ 3 0 , 2 0 0 will provide additional revenue to the store of $ 1 8
Nancy is hoping that an investment of $ will provide additional revenue to the store of $ per year for years. Her partner in crime, Daniel, is confident that a larger investment of $ will be required to bring in a steady flow of $ in new revenue per year for years.
Determine the discounted payback period for each investment using beforetax cash flows The company's required rate of return is Round present value factor calculations to decimal places, eg and final answers to decimal places eg
Click here to view the factor table
tableDanieliscounted payback period,years,yea
Whose investment appears to better use the company's resources?
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