Jimmy's Tacos is considering investing $35 000 in a new 'pop-up' shop beside a popular Melbourne park.Jimmy estimates the net cash inflow will increase by $14,000 each year for the next 5 years.The payback period for the new taco shop is:
A) 2 years.
B) 2.5 years.
C) 3 years.
D) 3.5 years.
Correct Answer:
Verified
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