IASSC Exam ICYB Topic 9 Question 62 Discussion

Actual exam question for IASSC's ICYB exam

Question #: 62
Topic #: 9

[All ICYB 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)?

A7.2

B10.4

C14.4

D28.8

Show Suggested Answer

Suggested Answer: D

by Leonida at Mar 21, 2024, 11:19 PM

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Barrett

11 days ago

Hmm, the payback period is definitely not 28.8 months. That's way too long for this project.

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Vilma

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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Ty

21 days ago

I disagree, I believe the answer is B) 10.4.

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Vilma

23 days ago

I think the answer is A) 7.2.

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