The number of years required to recover initial cost of investment is called
A)Recover period
B)Take-back period
C)Payback period
D)Annual average rate of return

Name: The number of years required to recover initial cost of investment is called A)Recover period B)Take-back period C)Payback period D)Annual average rate of return
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Question

Quizplus · Accepted Answer

The correct term for the number of years required to recover the initial cost of an investment is "Payback period."

The Number of Years Required to Recover Initial Cost of Investment