What exactly do you mean by payback period?

Systems Analysis and Design (Shelly Cashman Series) (MindTap Course List)
11th Edition
ISBN:9781305494602
Author:Scott Tilley, Harry J. Rosenblatt
Publisher:Scott Tilley, Harry J. Rosenblatt
ChapterTPC: Toolkit Part C
Section: Chapter Questions
Problem 5RQ
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What exactly do you mean by payback period?
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