(solution) Hello, Please tell me when a company would only be interested in

(solution) Hello, Please tell me when a company would only be interested in

Hello,

  1. Please tell me when a company would only be interested in simple payback?

Please answer in 100-150 words. 

Thank you! 

What is the 'Payback Period'
The payback period is the length of time required to recover the cost of an
investment. The payback period of a given investment or project is an
important determinant…