Answer:
Determining when the cumulative total of net cash flows reaches zero.
Explanation:
Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows
Assume 20,000 was invested in a project, Cash flows in year 1 = 10,000 cash flow in year 2 = 20,000
Payback = 1.5 years
Amount invested = -20,000
Amount recovered in year 1 = -20,000 + 10,000= -10,000
Amount recovered in year 2 = -10,000 + 15,000 = 5000
Payback = 1 + 10,000 / 15,000 = 1.5
Regal Financial institution is a Savings and loan bank. Conventionally,S$L must have a Mortgage dominant of over 65%.
S&L are typically suitable for home loans than commercial banks because they have lower borrowing rates. their emergence was neccessitated by the exclusivity of commercial banks.
Confident people are more likely to take risks which leads to success and happiness.
90% sure that your answer is <em>(household production) </em>
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<em>Hope this helps!</em>
I believe that you are experiencing a shy or embarrassed feeling. (>_<)
