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Training Cost $6,500 and a Project Required an Initial Investment

Question 112

Multiple Choice

Training cost $6,500 and a project required an initial investment of $47,500. If the project yields monthly savings of $3,500 beginning after 4 months, what is the payback period in months, before money costs and taxes?


A) 9.7
B) 15.4
C) 19.4
D) 23.7

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