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:

Genital Herpes Simplex

A sexually transmitted infection caused by the herpes simplex virus, leading to genital sores.

Human Papillomavirus

A group of viruses that can cause warts on the skin and mucous membranes, and in some cases, lead to cancers such as cervical cancer.

Chlamydia

A common sexually transmitted infection caused by the bacterium Chlamydia trachomatis, often asymptomatic but treatable with antibiotics.

Human Papillomavirus (HPV)

A group of viruses that can cause warts on the body or lead to cancers such as cervical cancer.