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The American Pharmaceutical Company (APC) has a policy that all capital investments must have a three-year or less discounted payback period in order to be
The American Pharmaceutical Company (APC) has a policy that all capital investments must have a three-year or less discounted payback period in order to be considered for funding. The MARR at APC is 9% per year. Is the project described here able to meet this benchmark for funding? End of Year Cash Flow $260,000 $40,000 $50,000 $165,000 $250,000 S340,000 $95,000 Click the icon to view the interest and annuity table for discrete compounding when the MARR is 9% per year. 4 6-10 The payback period is years.(Round to the nearest whole number) The project | the benchmark
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