What is a Pay Back Period (PBP)?

Somtochukwu

Pay Back Period (PBP) is the length of time that must elapse before the cost of a project is fully recovered and is arrived at by comparing its payback period called PI with pre-determined payback period called P0.

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Somtochukwu

Visionary Leader and Development Economist in Nigeria. CEO at Bufiredd Economic Consults Ltd
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