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Tom has just invested $150,000 in a coffee shop. He expects to recelve a cash income of $10,000 a year. What is the payback period?

Tom has just invested $150,000 in a coffee shop. He expects to recelve a cash income of $10,000 a year. What is the payback period? a. 22 years b. 31 years c. 10 years d. 19 years e. 15 yean

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