Question
Question: Calculate the payback period for each franchise (show steps please) Problem info: Required rate of return: 8% Years: 5 Year Franchise L Franchise S
Question: Calculate the payback period for each franchise (show steps please)
Problem info:
Required rate of return: 8%
Years: 5
| Year | Franchise L | Franchise S |
| 0 | ($2,000,000) | ($1,650,000) |
| 1 | $490,000 | $412,500 |
| 2 | $562,000 | $454,500 |
| 3 | $529,600 | $435,600 |
| 4 | $503,680 | $420,480 |
| 5 | $808,470 | $486,608 |
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The Entrepreneur's Growth Startup Handbook 7 Secrets To Venture Funding And Successful Growth
Authors: David N. Feldman
1st Edition
1118445651, 978-1118445655
