Mathematics · Financial Mathematics
A commercial bank invests ₹2,00,00,000 in developing a new Digital Wealth Management platform. The projected net cash inflows from this product are expected to be ₹60,00,000 in Year 1, ₹70,00,000 in Year 2, and ₹1,00,00,000 in Year 3. Based on these projections, what is the Payback Period for this investment?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 12.5 Years
- 22.7 Years✓
- 32.3 Years
- 42.9 Years
Correct answer
2.7 Years
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