Answer:
You're wrong, the answer is C) 24
Explanation:
4d/h when b=3, d=12, h=2, r=7
Plug in the variables --> 4(12)/(2)
PEMDAS says do 4*12 first so --> 48/2
Which is 24.
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Answer:
C. 4.29 years
Explanation:
The computation of the payback period is shown below:
Payback period = Initial investment of the equipment ÷ Cash flows
where,
Initial investment = $30,000
And, the cash flows is
= $8,500 - $1,500
= $7,000
So the payback period is
= $30,000 ÷ $7,000
= 4.29 years
By dividing the initial investment by the cash flows we can get the payback period and the same is applied above.
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