It Will Cost $28,900 to Acquire a Small Ice Cream

Multiple Choice

It will cost $28,900 to acquire a small ice cream cart.Cart sales are expected to be $10,500 a year for 3 years.After the 3 years,the cart is expected to be worthless.What is the payback period?

A) 2) 68 years
B) 2) 07 years
C) 2) 75 years
D) 2) 46 years
E) Never