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You are a real estate agent thinking of placing a sign advertising your services at a local bus stop. The sign will cost $7,000 and

You are a real estate agent thinking of placing a sign advertising your services at a local bus stop. The sign will cost $7,000 and will be posted for one year. You expect that it will generate additional revenue of $1,120 a month. What is the paybackperiod?

The payback period is

nothing

months. (Round to two decimalplaces.)

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