A disadvantage of using the paycheck period method for selec
A disadvantage of using the paycheck period method for selecting projects is that it cannot reflect the time-value of money. 
 
 A disadvantage of using the paycheck period method for selecting projects is that it cannot reflect the time-value of money. 
 
 Solution
A disadvantage of using the payback period method for selecting projects isthat it cannot reflect the time-value of money. this is true.

