# Payback Period Calculator

The payback period is the ratio of initial investment to the periodic cash flow. It is used to determine the length of time it will take to recoup the initial amount invested on a project or investment. The payback period is used for the quick reference and is generally not considered an end-all for evaluating whether to invest in a particular situation. Enter all the required fields in this payback period calculator to find the resultant value.

Expenses
Medical Emergencies
Auto Repair Emergencies
Legal Amount Emergencies
Property Damage Emergencies
Other Emergencies
Total Emergency Expenses

Insurance Deductible Medical
Insurance Deductible Auto
Insurance Deductible Property
Insurance Deductible Other
Total Insurance Expenses

Monthly Living Expenses
Months of Unemployment
Total Living Expenses

Savings
Currently Saved Amount
Monthly Savings
Rate of Return (After Tax) %

## Result :

 Amount to Save Number of Periods to Save Amount
Example: A person invested an initial amount of 50000 INR and the average annual cash flow for 1st year is 1000, 2nd year is 10000 and 3rd year is 15000. Calculate Payback Period.

Solution:
Average Annual Cash Flows = (1000 + 10000 + 15000) / 3
= 26000 / 3 = 8666.66
Payback period = 50000 / 8666.66 = 85.769