Question
Upgrade cost Total Able $16,600 Acre $24,600 Adam $28,600 Aft $6,200 Agape $5,200 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
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Assuming that each upgrade will decrease labor costs by 10%, calculate the discounted payback period for the upgrade for each product (Able, Acre, Adam, Aft, Agape). Assume a 14% discount rate. |
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