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Question 46

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Use the information for the question(s) below.
Use the information for the question(s) below. -A florist is buying a number of motorcycles to expand its delivery service. These will cost $78,000 but are expected to increase profits by $3000 per month over the next four years. What is the payback period in this case? A) 10.40 months B) 15.60 months C) 19.50 months D) 26.00 months
-A florist is buying a number of motorcycles to expand its delivery service. These will cost $78,000 but are expected to increase profits by $3000 per month over the next four years. What is the payback period in this case?


A) 10.40 months
B) 15.60 months
C) 19.50 months
D) 26.00 months

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