Amp inc has invested 2165800 on equipment the firm uses, Ask an Expert

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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 4 years to recover costs. The company anticipates cas flows of $451,386, $512,178, $561,755, $764,997, $816,500, and $825,375 over the next 6 years. What's the pay back period?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91779178

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