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The Payback Period Is the Amount of Time for the Investment

question 12

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The payback period is the amount of time for the investment to generate enough net cash flow to return the initial cost of investment.


Definitions:

Product Benefits

The positive outcomes or advantages that a product offers to its users.

User Experiences

The overall emotional, physical, and psychological interaction a person has with a product, service, or system.

Return on Investment

A financial metric used to evaluate the efficiency or profitability of an investment, calculated by dividing net profit by the cost of investment.

Less Attractive Features

Characteristics or aspects of a product, service, or proposal that may be seen as disadvantages or not appealing.

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