An alternative for producing apesticide will have a first

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An alternative for producing apesticide will have a first cost of $150,000 and annual costs of$75,000. Income is expected to be $90,000 per year. What is the payback period at 8% per year interest?

i) 10years
ii) between 12&13yers
iii) between16&17years
iv) between 20&21years

Reference no: EM13573655

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