Question: Question 8 (6 points) PROBLEM 6 (6 marks). A potato company in New Brunswick, Canada is planning to build and operate an $8,000,000 potato plant

Question 8 (6 points) PROBLEM 6 (6 marks). A potato company

Question 8 (6 points) PROBLEM 6 (6 marks). A potato company in New Brunswick, Canada is planning to build and operate an $8,000,000 potato plant in Durango, Mexico. The company expects an annual profit of $2,000,000 dollars from this project. How long would it take this company to recover its investment under a 10% interest rate? Your work must include a cash flow diagram. You cannot use linear interpretation in your solution. You must show your answer to four decimal fractions of a year

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