a project has the following cash flows. what is the project npv if the interest rate is 6%

0 1 2 3

(500) 100 200 310

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AMP, Inc., has invested $2,165,800 on equipment. The firm uses payback period criteria of not accepting any project that takes more than four years to recover costs. The company anticipates cash flows of $448,386, $512,178, $564,755, $764,997, $816,500, and $825,375 over the next six years. What is the payback period? ---------------------------------------------------------------------------------------------------------------------------------