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Please help me with this question. Assume the foll...

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Please help me with this question. Assume the following facts: A project will cost $ 45,000 to develop. When the system becomes operational, after a one- year development period, operational costs will be $ 9,000 during each year of the system?s five- year useful life. The system will produce benefits of $ 30,000 in the first year of operation, and this figure will increase by a compound 10% each year. What is the payback period for this project?,Sorry how did you get the 18,000/ 24,0000 in the Payback period = 1 + 18,000/24,000. I am sending a copy of my excel sheet, so you can see what I did/or where I am going wrong. v/r King

 

Paper#4588 | Written in 18-Jul-2015

Price : $25
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