Discounted payback's primary advantage over traditional payback is that:

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Discounted payback considers the time value of money by discounting future cash flows, which means it provides a more accurate measure of how long it will take to recover the initial investment. This makes it a more reliable method than traditional payback, which ignores the time value of money. Therefore, the primary advantage of discounted payback over traditional payback is that it considers the time value of money.

Discounted Payback's Primary Advantage Over Traditional Payback Is That