Please find the payback period.

The American Pharmaceutical Company (APC) has a policy that all capital investments must have a five-year or less discounted payback period in order to be considered for funding. The MARR at APC is 7% per . . _ 0 $290,000 year. Is the above proiect able to meet this benchmark for funding? 1 _ $25 000 5' Click the icon to View the interest and annuity table for discrete 2 $60000 3 $175,000 compounding when the MARR is 7% per year. 4 $235 000 5 $360,000 68 $110,000