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Jennifer You know I need to put my finance hat on and say those numbers aren't very accurate. Akosua Oduro I know, but they are
Jennifer You know I need to put my finance hat on and say those numbers aren't very accurate. Akosua Oduro I know, but they are a quick back of the napkin method that works for short payback periods. Why would Jennifer say that? Select all that apply, then click Submit below This fails to factor in the time value of money. She is concerned with calculating the payback period over a much longer time frame. This does not value current money more than future money. Jennifer would prefer to use the internal rate of return, which is more accurate
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