How long will it take to recover the investment presented at 10%
interest rate under the independent scenarios mentioned below?
Investment
$10,595
Scenario 1 - with a gradient of
$2,200
Scenario 2 - with an annuity of
$2,795
What is the time to recover the investment based on scenario
1 (gradient)?
What is the time to recover the investment based on scenario
2 (annuity)?