Question
Suppose that you currently own a clothes dryer that costs $ 30 30 per month to operate. A new efficient dryer costs $ 570 570
Suppose that you currently own a clothes dryer that costs $30
30 per month to operate. A new efficient dryer costs $570
570 and has an estimated operating cost of $20
20 per month. How long will it take for the new dryer to pay foritself?
The clothes dryer will pay for itself in
nothing
months.
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Essentials of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
14th edition
324422709, 324422702, 978-0324422702
