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A company invests in upgrades to improve the gas mileage of its transportation fleet. These upgrades require an initial investment of $450,000 but save the

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A company invests in upgrades to improve the gas mileage of its transportation fleet. These upgrades require an initial investment of $450,000 but save the company $110.000 per year. What is the discounted payback period of these improvements assuming a MARR of 6%, assuming interest is compounded at the end of the year? Click here to access the TVM Factor Table calculator Carry all interim calculations to 5 decimal places and then round your final answer up to a whole number

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