Difference between return on investment and payback period

1.	Difference between return on investment and payback period
Answer» Explanation: return on investment means you have invested in some product that was LAUNCHED by a company and when that company makes a profit on that product you get a certain AMOUNT from that profit. Pay BACK period is when you ask a loan from the bank and the bank says you have payback this MONEY on the december 2020 to that year or month will be known as ur payback period because you will be paying back the loan taken from the bank.

Answer»

Explanation:

return on investment means you have invested in some product that was LAUNCHED by a company and when that company makes a profit on that product you get a certain AMOUNT from that profit. Pay BACK period is when you ask a loan from the bank and the bank says you have payback this MONEY on the december 2020 to that year or month will be known as ur payback period because you will be paying back the loan taken from the bank.

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Difference between return on investment and payback period​

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Difference between return on investment and payback period