jamyawilliams12
jamyawilliams12 jamyawilliams12
  • 11-11-2021
  • English
contestada

The time needed to recover the cost of an investment is called the
period.

Respuesta :

johnny5g9 johnny5g9
  • 11-11-2021

Answer:

payback period

Explanation:

The payback period refers to the amount of time it takes to recover the cost of an investment. Simply put, the payback period is the length of time an investment reaches a break-even point . The desirability of an investment is directly related to its payback period. Shorter paybacks mean more attractive investments.

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