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A florist is buying a number of motorcycles to expand its delivery service. These will cost $87,000, but are expected to increase profits by $3000 per month over the next four years. What is the payback period in this case?

A) 12 months

B) 18 months

C) 24 months

D) 29 months

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91546382

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