Question: There are several disadvantages to the payback method, among them: Payback ignores the interest that is earned during the period of time the project is

There are several disadvantages to the payback method, among them:

Payback ignores the interest that is earned during the period of time the project is in place.

Payback emphasizes 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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