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The Cash Payback Technique Is a Quick Way to Calculate

question 63

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The cash payback technique is a quick way to calculate a project's net present value.


Definitions:

Exponentiation

An arithmetical process that uses two numbers, known as the base and the exponent, in which the base is elevated to the power indicated by the exponent.

Multiplication

A mathematical operation that calculates the total of one number added to itself a specified number of times.

Equivalent Fraction

Fractions that, although they have different numerators and denominators, represent the same part of a whole.

Division

A mathematical operation involving the process of dividing one number by another to find how many times the divisor fits into the dividend.

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