Question: The internal rate of return method differs from the payback method because: O The payback method takes into account the time value of money. The

 The internal rate of return method differs from the payback method

The internal rate of return method differs from the payback method because: O The payback method takes into account the time value of money. The IRR method takes into account the time value of money, The IRR only uses the amount saved by the new investment, while the payback method uses the net annual cash flows

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