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14. The three popular techniques to access economic feasibility are: Payback Analysis, Return On Investment (ROI), and Net Present Value. What is Payback Analysis? What

14. The three popular techniques to access economic feasibility are: Payback Analysis, Return On Investment (ROI), and Net Present Value.

  1. What is Payback Analysis?

  1. What is the present value of an Information System project if the estimated operating cost is $16,500 for 3 years at 11% discount rate?

(First, state the formula).

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