An expenditure of 20000 is made to modifya material


an expenditure of $20000 is made to modifya material handling system.this modification will result 1st year saving of $2000,2nd year saving $4000 and a saving of $5000 per year thereafter. How many years the system last if a 18% return on investment is required?

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Econometrics: An expenditure of 20000 is made to modifya material
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