Investigate the payback period and how it is calculated in business with this video and activity worksheet combination.
The 9 minute explainer video covers:
What is the payback period?
Why businesses calculate payback?
How to calculate the payback period
Payback period example
Payback period question
Advantages vs disadvantages of using the payback period in business
The supporting activity worksheet contains 4 separate tasks for students to apply their knowledge of the payback period whilst watching the video and also includes suggested answers.
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