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3 years ago

Please help:

Business

2 answers:

Leviafan [203]3 years ago

6 0

9 months is ur answer, tell me if its right or wrong

denis23 [38]3 years ago

6 0

Answer:

It will take 26 Months to achieve payback on investment of $2,000,000

Explanation:

Let me start by simplifying the question:

The initial investment is $2 Million. The outcome of investment is the consistent increase of 1.7% in the demand of product, which means our sales will increase by the 1.7% each subsequent year. The contribution to the revenue from additional sales is 33.6%.

Consider this table below below attached to this answer:

It gives us that in the next 2 years, $1.8 Million <u>(</u>1,875,298 to be precise) is derived.

Hence, the near answer to reach the goal of payback of $2 Million would be the 26 months.

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