Finance

Payback Period

Years to recover an investment from equal cash flows.

Formula

Formula
T = costannual cash flow

Variables

SymbolDefinitionType & rangeUnitsRole
cost initial investment real number (ℝ) input
cf annual cash flow real number (ℝ) input

Try it yourself

Interactive calculator
Result

Worked examples

Example 1
Giveninvestment = 10000, annual cash flow = 2500
Result4
Example 2
Giveninvestment = 50000, annual cash flow = 8000
Result6.25