payback calculator Description
Key features of a payback calculator typically include:
1. Initial Investment : The upfront cost or amount borrowed that needs to be repaid.
2.Annual Savings : The amount of money saved or earned each year from the investment.
3.Payback Period: The time it will take to recover the initial cost, either through savings or payments. This is often expressed in years or months.
1. Initial Investment : The upfront cost or amount borrowed that needs to be repaid.
2.Annual Savings : The amount of money saved or earned each year from the investment.
3.Payback Period: The time it will take to recover the initial cost, either through savings or payments. This is often expressed in years or months.
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