What is the payback period

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Reference no: EM132068376

You are a real estate agent thinking of placing a sign advertising your services at a local bus stop.

The sign will cost $4, 700 and will be posted for one year. You expect that it will generate additional revenue of $564 a month. What is the payback period?

The payback period is months. (Round to one decimal place.)

Reference no: EM132068376

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