What is the payback period for project

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Reference no: EM133126943

Problem:

Year

Costs

Benefits

0

$40,000

 

1-2

$10,000

/yr

3

50

$50,000

4-10

50

$10,000 /yr

What is the payback period for this project? 

What is a major weakness of payback period analysis? 

Reference no: EM133126943

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