The payback period is the time it takes,in years,for an investment to return the original amount of invested capital.

Name: The payback period is the time it takes,in years,for an investment to return the original amount of invested capital.
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Quizplus · Accepted Answer

This statement is true. Payback period is a popular method of evaluating and comparing investment opportunities. It calculates the amount of time it will take for the investment to generate enough cash flows to recover the initial investment made.

The Payback Period Is the Time It Takes,in Years,for an Investment