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how to calculate Payback using PERCENTRANK? Time period 0 1 2 3 4 5 6 7 Cash flow - $ 5 7 5 $ 1
how to calculate Payback using PERCENTRANK?
Time period
Cash flow $ $ $ $ $ $ $ $
Cumulative cash flow $$$$ $ $ $ $
Intermediate calculation for payback
Payback using intermediate calculations
Payback using PERCENTRANK Ok because cash flows follow normal pattern.
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