Question: Practice 8 - 4 A project has a first cost of $ 2 0 0 , 0 0 0 with annual costs of $ 5

Practice 8-4
A project has a first cost of $200,000 with annual costs of $50,000 and revenue of $90,000 per year. What is the payback period at (a) no-return, and (b)i=7% per year?
Practice 8 - 4 A project has a first cost of $ 2

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