Joseph Giovine Invested in a Project with a Payback Period

question 133

Multiple Choice

Joseph Giovine invested in a project with a payback period of six years. The project brings $40,000 per year for a period of twelve years. What was the initial investment?

• A) $7,500
• B) $75,000
• C) $120,000
• D) $240,000

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Definitions:

Mental Illness

A condition that affects a person's thinking, feeling, behavior, or mood, significantly impacting daily functioning and interaction with others.

Unconventional

Unconventional refers to something that does not follow traditional or expected norms, methods, or practices.

Illogical

Lacking in sound reasoning or coherent argumentation, often leading to conclusions or actions that defy rational thought.

Ambiguous

Open to more than one interpretation or having a double meaning.