g The length of time a firm must wait to recoup, in present value terms, the money it has invested in a project is referred to a

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Tcecarenko [31]

2 years ago

15

g The length of time a firm must wait to recoup, in present value terms, the money it has invested in a project is referred to a

s the:

Business

1 answer:

Lorico [155] · Answer 1 · 2022-10-29T23:00:45+03:00

payback period is the length of time a firm must wait so as to recover the money it has invested in a project.

Payback period is the length of time it takes a company to recover the money spent on a project.

The payback period can also defined as the period taken for an investor to reach break even. That is it is the period taken for the revenue to equal to the cost of executing a project.

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