Question: How long will you have to sell a product that has an income of $5000 per month and expenses of $1500 per month if your

How long will you have to sell a product that has an income of $5000 per month and expenses of $1500 per month if your initial investment is?

$28,000 and your MARR is

(a) 0%

(b) 3% per month? Solve by formula.

(c) Write the spreadsheet functions to display the payback period for both 0% and 3% per month.


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