You are a real estate agent thinking of placing a sign advertising your services at a local bus stop. The sign will cost $ 5 comma 000 and will be posted for one year. You expect that it will generate additional revenue of $ 500 a month. What is the payback period?

You are a real estate agent thinking of placing a sign advertising your services at a local bus stop. The sign will cost $ 5,000 and will be posted for one year. You expect that it will generate an additional revenue of $ 500 a month.

Payback period= 5000/500= 10 months

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You are a real estate agent thinking of placing a sign advertising your services at a local bus stop. The sign will cost $ 5 comma 000 and will be posted for one year. You expect that it will generate additional revenue of $ 500 a month. What is the payback​ period?

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You are a real estate agent thinking of placing a sign advertising your services at a local bus stop. The sign will cost $ 5 comma 000 and will be posted for one year. You expect that it will generate additional revenue of $ 500 a month. What is the payback period?