How long must the investment last to be desirable


Problem

An investment has an initial cost of $7500.00, an annual maintenance and operating cost of $125.00 and will have a return of $1927.70 per year, and if the investment MARR is 15%. How long must the investment last to be desirable?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: How long must the investment last to be desirable
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