Solved: The firm uses payback period criteria of not accepting any, Finance Basics

The firm uses payback period criteria of not accepting any

Amp. Inc. has invested $2165800 on equipment. The firm uses payback period criteria of not accepting any project that takes more than 4 years to recover cost. The company anticipates a cash flow of $439386,$512178,$562255, $764997, $816500 and $825375 over 6 years what is the payback period?

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Finance Basics: The firm uses payback period criteria of not accepting any

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