You are a real estate agent thinking of placing a sign advertising your services at...
50.1K
Verified Solution
Link Copied!
Question
Finance
You are a real estate agent thinking of placing a sign advertising your services at a local bus stop. The sign will cost $4,200 and will be posted for one year. You expect that it will generate additional revenue of $546 a month. What is the payback period? The payback period is months. (Round to one decimal place)
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!