Use the Following Information to Answer the Question(s)below

question 42

Multiple Choice

Use the following information to answer the question(s) below.
Rearden Metals is considering opening a strip-mining operation to provide some of the raw materials needed in producing Rearden metal.The initial purchase of the land and the associated costs of opening up mining operations will cost $100 million today.The mine is expected to generate $16 million worth of ore per year for the next 12 years.At the end of the 12th year Rearden will need to spend $20 million to restore the land to its original pristine nature appearance.
-The payback period for Rearden's mining operation is closest to:

• A)5.00 years.
• B)6.00 years.
• C)6.25 years.
• D)6.50 years.

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Definitions:

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The existence of multiple theories within a discipline, allowing for varied approaches and understandings of phenomena.

Empirical Discipline

A field of study that relies on observation, experimentation, and evidence-based methods to acquire knowledge.

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A psychological phenomenon where the desire for harmony and conformity in a group leads to an irrational or dysfunctional decision-making outcome.

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Employees or members of the National Aeronautics and Space Administration, which is the United States government agency responsible for the nation's civilian space program and for aeronautics and aerospace research.