The Simple Payback Period Calculator in Capexplan helps you determine how long it will take for a capital investment to pay for itself through monthly savings. This tool is useful for assessing the feasibility and financial benefits of a project.
- From the dashboard, go to the Help menu.
- Under the Help section, select Simple Payback Period Calculator.
- Enter the Required Information:
Capital Investment: Enter the total amount of money invested in the project.
Monthly Savings: Enter the amount of money saved each month as a result of the investment.
Installation Date: Select the installation date of the investment. For example, June 2024.
- Once all the fields are filled out, the calculator will automatically compute the simple payback period. By clicking Calculate Simple Payback Period.
- By using this tool, you can quickly assess the time required to recover your investment and make informed decisions about your capital expenditure projects.
