Computation of payback period

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Reference no: EM1314181

Computation of payback period and you expect that it will generate additional revenue of $500 per month

You are a real estate agent thinking of placing a sign advertising your services at a local bus stop. The sign will cost $5000 and will be posted for one year. You expect that it will generate additional revenue of $500 per month. What is the payback period?

Reference no: EM1314181

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