achaney5386 achaney5386
  • 22-04-2024
  • Business
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Tom has just invested $150,000 in a coffee shop. He expects to recelve a cash income of $10,000 a year. What is the payback period?

a. 22 years
b. 31 years
c. 10 years
d. 19 years
e. 15 years

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