Find the payback period for the project

Reference no: EM131956074

Question: Christopher Electronics bought new machinery for $5,045,000 million. This is expected to result in additional cash flows of $1,205,000 million over the next 7 years. What is the payback period for this project? Their acceptance period is five years. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131956074

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