The Payback Period of a Project That Costs $1,000 Initially

question 121

True/False

The payback period of a project that costs $1,000 initially and promises after-tax cash inflows of $3,000 each year for the next three years is 0.333 years.

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Definitions:

Excitatory Effect

A response in which a neurotransmitter increases the likelihood that a neuron will fire an action potential.

Receiving Neuron

A neuron that receives signals from other neurons through its dendrites.

Neurotransmitters

Chemical messengers that transmit signals across synapses from one neuron to another, influencing numerous bodily and mental functions.

Synaptic Vesicles

Small sacs within a presynaptic neuron that store neurotransmitters, which are released into the synaptic cleft to transmit signals to a postsynaptic cell.