Multiple Choice
Jupiter Systems is planning to develop a new telescope.The initial cost of the project is estimated to be $600,000 with an anticipated recovery of $300,000,till perpetuity.The payback period for this project is _____.
A) 6 months
B) 2 years
C) 4 years
D) 6 years
Correct Answer:
Verified
Correct Answer:
Verified
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