Question: This week we looked at payback analysis, ROI, and NPV to assess IT projects. Could these tools also be used in your personal life? Give

This week we looked at payback analysis, ROI, and NPV to assess IT projects. Could these tools also be used in your personal life? Give examples of how you might use each one to help you make a financial decision. Please include specific examples and even detailed examples of how using one or more of these tools if you can.

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