Question: There are several disadvantages to the payback method, among them: Payback ignores the time value of money Payback emphasized receiving money back as fast as
- There are several disadvantages to the payback method, among them:
- Payback ignores the time value of money
- Payback emphasized receiving money back as fast as possible for reinvestment
- Payback is basic to use and understand
- Payback can be used in conjunction with time-adjusted methods of evaluation
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