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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 and will be posted for one year. You expect that it will generate additional revenue of a month. What is the payback​ period?.

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varshamittal029

The answer to this question will be:

  • The real estate agent will be advertising services at local bus stop.
  • This will also have some cost amount, let us say amount “x”.
  • This sign is supposed to be posted for an year.

Here, we need to find the payback period when we expect that it will generate additional revenue in a month.

  • Let us suppose that revenue will be amounting “y”.

To find the payback period we simply solve it by :

  • diving the cost amount by revenue amount.

Here, we can put the values and get to know the payback period.

Hence, to find the payback period we will apply x/y.

To know further about payback period, refer : https://brainly.com/question/13987594

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