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book Contemporary Engineering Economics 6th Edition by Chan Park cover

Contemporary Engineering Economics 6th Edition by Chan Park

Edition 6ISBN: 978-0134162690
book Contemporary Engineering Economics 6th Edition by Chan Park cover

Contemporary Engineering Economics 6th Edition by Chan Park

Edition 6ISBN: 978-0134162690
Exercise 3
If a project costs $100,000 and is expected to return $25,000 annually, how long does it take to recover the initial investment? What would be the discounted payback period at i = 15%?
Explanation
Verified
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Contemporary Engineering Economics 6th Edition by Chan Park
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