Multiple Choice
What is the minimum number of years in which an investment costing $210,000 must return $65,000 per year at a discount rate of 13% in order to be an acceptable investment?
A) 8.69 years
B) 5.37 years
C) 7.51 years
D) 4.46 years
Correct Answer:
Verified
Correct Answer:
Verified
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