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How to Calculate the Payback Period With Excel

What Is a Payback Period? The payback period is the amount of time (usually measured in years) it takes to recover an initial investment outlay—as measured in after-tax cash flows. For example, if a ...
Switching to solar energy is a major financial commitment and, if you’re like most homeowners, you’ll want to know how long it will take to recoup your investment. This average recovery time, called ...