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GAQM Exam CLSSYB-001 Topic 4 Question 56 Discussion

Actual exam question for GAQM's CLSSYB-001 exam
Question #: 56
Topic #: 4
[All CLSSYB-001 Questions]

Training cost $2,500 and a project required an initial investment of $23,500. If the project yields monthly savings of $2,500 beginning after 4 months, what is the payback period in months (before money costs and taxes)?

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Suggested Answer: B

Contribute your Thoughts:

Chauncey
8 days ago
I think the answer is A) 7.2 months. The monthly savings are $2,500 and the initial investment is $23,500, so the payback period should be around 7.2 months.
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Elizabeth
19 days ago
But if we calculate the payback period based on the initial investment and monthly savings, it should be around 10.4 months
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Dana
21 days ago
I disagree, I believe the answer is B) 10.4
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Elizabeth
22 days ago
I think the answer is A) 7.2
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