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

question 164

True/False

The payback period of a project that costs $1,000 initially and promises after-tax cash inflows of $300 each year for the next three years is 0.333 years.

---

Definitions:

Correlation

A statistical measure that indicates the extent to which two or more variables fluctuate together, showing the strength and direction of a relationship between them.

Correlation

Is a statistical measure that indicates the extent to which two or more variables fluctuate together, showing the strength and direction of their relationship.

Cognitive Theorist

An expert or scholar who studies the mental processes involved in acquiring knowledge and understanding, including thought, experience, and the senses.

Group-level Analysis

The examination of behaviors, dynamics, and outcomes at the group, rather than at an individual level, to understand the collective behavior.