## Index 1. Introduction to Capital Budgeting2. Importance of Capital Budgeting in Business Decisions3. Understanding Investment Appraisal Techniques a. Payback Period b. Net Present Value (NPV) c. Internal Rate of Return (IRR) d. Profitability Index (PI) e. Accounting Rate of Return (ARR)4. Real-Life Examples of Successful Capital Budgeting in the World Context a. Tech Giant’s…