The couple has already made a significant initial investment in this business. Using the payback method, how long will it take for the couple to recoup this investment (include the washer and dryer in your annual costs). Is the payback method a good measure of whether the company will be successful? If not, how would you measure the success of the company? Explain

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To calculate the payback period for the couple to recoup their initial investment in the business including the washer and dryer costs you would need ... View the full answer