KAYLIN DAY HAS JUST INVESTED $480,000 IN A BOOK AND VIDEO STORE. SHE EXPECTS TO RECEIVE AN INCOME OF $144,000 PER YEAR FROM THE INVESTMENT. WHAT IS THE PAY-BACK PERIOD FOR KAYLIN?

KAYLIN DAY HAS JUST INVESTED $480,000 IN A BOOK AND VIDEO STORE. SHE EXPECTS TO RECEIVE AN INCOME OF $144,000 PER YEAR FROM THE INVESTMENT. WHAT IS THE PAY-BACK PERIOD FOR KAYLIN?

KAYLIN DAY HAS JUST INVESTED $480,000 IN A BOOK AND VIDEO STORE. SHE EXPECTS TO RECEIVE AN INCOME OF $144,000 PER YEAR FROM THE INVESTMENT. WHAT IS THE PAY-BACK PERIOD FOR KAYLIN?