The Payback Method

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This video explains how to use the payback rule to make decisions about whether to accept projects in corporate finance. The video uses a comprehensive example to demonstrate how to calculate the payback period and compare it to the required time frame. The video also points out some of the weaknesses of the payback method and notes that the chief advantage of the payback rule is its simplicity. Here's how to calculate the payback period if the payback period is not an integer: https://youtu.be/iGImOv2rqHM Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://ift.tt/2KTB60V Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit https://ift.tt/2J87Nua To follow Michael on Facebook, visit https://ift.tt/2GPGCyZ To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin
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