GAQM Exam CLSSYB-001 Topic 4 Question 56 Discussion

Actual exam question for GAQM's CLSSYB-001 exam

Question #: 56
Topic #: 4

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)?

A7.2

B10.4

C14.4

D28.8

Show Suggested Answer

Suggested Answer: B

by Doug at Sep 14, 2024, 06:38 AM

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Fidelia

1 months ago

Payback period? More like 'never get your money back' period! I'll just go with the highest option, D) 28.8 months, and hope for the best.

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Mindy

12 days ago

I agree, it's hard to calculate exactly. Let's just hope for the best with option D) 28.8 months.

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Skye

13 days ago

I'm not sure, but I feel like it might be longer than 10.4 months. Maybe option C) 14.4 months?

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Shalon

14 days ago

I think the payback period is shorter than 28.8 months. Maybe around 10.4 months, option B)?

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Virgie

1 months ago

Okay, let me think this through step-by-step. Ah, I got it! The answer is B) 10.4 months. This is going to be a breeze!

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Emilio

1 months ago

Haha, this is like a financial riddle! I'm going to go with C) 14.4 months. Who knows, maybe I'll get lucky!

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Queenie

1 months ago

Wait, what? How do you even calculate this? I'm going to go with D) 28.8 months, just because it sounds the most reasonable.

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Tequila

13 days ago

That makes sense. I'll change my answer to A) 7.2 months as well.

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Tequila

1 months ago

I see, thanks for explaining. I think I'll go with A) 7.2 months then.

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Tequila

1 months ago

It's actually calculated by dividing the initial investment by the monthly savings. So, the answer is A) 7.2 months.

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Chauncey

2 months 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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