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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Ricki

1 months ago

Wait, am I the only one who finds this exam question a bit too easy? It's practically a math problem. I could solve this with my eyes closed!

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Jimmie

9 days ago

D) 28.8

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Reena

11 days ago

C) 14.4

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Kaitlyn

14 days ago

B) 10.4

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Kenny

17 days ago

A) 7.2

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Karina

1 months ago

I'm pretty sure the answer is 10.4 months. That makes the most sense to me based on the information provided.

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Marjory

5 days ago

Yes, 10.4 months seems to be the correct answer.

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Earleen

15 days ago

I believe it's 10.4 months too.

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Frederic

24 days ago

I think the answer is 10.4 months.

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Nathan

2 months ago

Okay, let's think this through. The training cost is $2,500, and the initial investment is $23,500. The monthly savings are $2,500, starting after 4 months. I think the correct answer must be one of the shorter options.

upvoted 0 times