Question: Current Attempt in Progress Mark is thinking about purchasing a soft drink machine and placing it in a business office. He knows that there is

Current Attempt in Progress
Mark is thinking about purchasing a soft drink machine and placing it in a business office. He knows that there
is a 9.00 percent probability that someone who walks by the machine will make a purchase from the machine,
and he knows that the profit on each soft drink sold is $0.10. If Mark expects 1,500 people per day to pass. by
the machine and requires a complete return of his investment in one year, then what is the maximum price
that he should be willing to pay for the soft drink machine? Assume 250 working days in a year, and ignore
taxes and the time value of money.
Maximum price
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