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Q8 An investor on the Shark Tank has offered an entrepreneur a deal for his company. Part of the deal is the investor wants a

Q8 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 $273,208.00 but wants $1.82 per unit sold. The entrepreneur expects to sell 29,649.00 units per year each year going forward. What is the payback for the investor?

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