The American Phamaceutical Company (APC) has a policy that all capital investments must have a...

90.2K

Verified Solution

Question

Accounting

image
image
The American Phamaceutical Company (APC) has a policy that all capital investments must have a three-year or loss discounted payback period in order to be considered for funding. The MARR at APC is 6% per year. Is the above project ablo to meet this benchmark for funding? Click the icon to view the interest and annuity table for discrete compounding when the MARR is 6% per year. The paytack period is yoars. (Round to the nearest whole number) \begin{tabular}{|c|c|c|c|c|c|c|} \hline & \multicolumn{2}{|c|}{ Single Payment } & \multicolumn{4}{|c|}{ Uniform Series } \\ \hline & CompoundAmountFactor & PresentWorthFactor & CompoundAmountFactor & PresentWorthFactor & SinkingFundFactor & CapitalRecoveryFactor \\ \hlineN & ToFindFGivenPFPP & ToFindPGivenFPIF & ToFindFGivenAFIA & ToFindPGivenAPIA & ToFindAGivenFAlF & ToFindAGivenPAlP \\ \hline 1 & 1.0600 & 0.9434 & 1.0000 & 0.9434 & 1.0000 & 1.0600 \\ \hline 2 & 1.1236 & 0.8900 & 2.0600 & 1.8334 & 0.4854 & 0.5454 \\ \hline 3 & 1.1910 & 0.8396 & 3.1836 & 2.6730 & 0.3141 & 0.3741 \\ \hline 4 & 1.2625 & 0.7921 & 4.3746 & 3.4651 & 0.2286 & 0.2886 \\ \hline 5 & 1.3382 & 0.7473 & 5.6371 & 4.2124 & 0.1774 & 0.2374 \\ \hline 6 & 1.4185 & 0.7050 & 6.9753 & 4.9173 & 0.1434 & 0.2034 \\ \hline 7 & 1.5036 & 0.6651 & 8.3938 & 5.5824 & 0.1191 & 0.1791 \\ \hline 8 & 1.5938 & 0.6274 & 9.8975 & 6.2098 & 0.1010 & 0.1610 \\ \hline 9 & 1.6895 & 0.5919 & 11.4913 & 6.8017 & 0.0870 & 0.1470 \\ \hline 10 & 17908 & 0.5584 & 131808 & 7.36n1 & 00759 & 01359 \\ \hline \end{tabular}

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students