Capital Budgeting Part One -- Introduction and Payback Period

This is a part one of a four-part series on capital budgeting calculations and analysis. This part introduces the problem and walks through a calculation of the payback period. This is a multi-part series -- Parts Two and Three are calculator dependent Part One (Intro and Payback Period) --    • Capital Budgeting Part One -- Introduction...   Part Two (IRR -- TI-83/84) --    • TI-83 and TI-84 Capital Budgeting Part Two...   Part Three (NPV -- TI-83/84) --    • TI-83 and TI-84 Capital Budgeting Three --...   Part Four (Analysis of Decision) --    • Capital Budgeting Part Four -- Analysis of...