Payback period in capital budgeting refers to the period of time required for the return on an investment to "repay" the sum of the original investment. For example, a $1000 investment which returned $500 per year would have a two year payback period. The time value of money is not taken into account.

# Tag: Excel

## How to divide two arrays with SUMPRODUCT in Excel

## Excel Tutorial: INDEX MATCH primer

## Excel Tutorial: VLOOKUP primer

## Excel Tutorial: Introduction to VLOOKUP, INDEX and MATCH functions

## Recover MS Word and MS Excel password Easily

If you have lost your password for any MS Word or Excel document and are unable to recover it, try using this Free Word / Excel Password Recovery application. It's a freeware product and all you need to do is install it, open the file that you need to recover. Choose the character set "a to z" and the expected lenght of your password and click GO.

## Random Group Generator in Excel

## Excel Password Remover 2008 (Tool Thursday)

If you've forgotten the password to edit the Excel file Excel Password Remover 2008 can come to your rescue. Excel Password Remover is a FREE Excel add-in that removes/cracks sheet and workbook password protection in ExcelÂ®. This program will remove passwords of any length, also passwords containing special characters.