Payback Period Formula |
Payback Period Formula - Excel |
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I am trying to calculate the payback period for a series of cash flows. I have 5 years of cumulative cash flows from cells b24:f24 with the first year's cash flow being negative.
What is the right formula for calculating the payback period?
B24: -94,352
C24: 97,944
D24: 286,081
E24: 469,891
F24: 649,201
Thanks in advance!
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