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)?
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.
Chauncey
8 days agoElizabeth
19 days agoDana
21 days agoElizabeth
22 days ago