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ExamsCAS-002Questions#793
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CAS-002 · Question #793

CAS-002 Question #793: Real Exam Question with Answer & Explanation

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Question

An administrator wishes to replace a legacy clinical software product as it has become a security risk. The legacy product generates $10,000 in revenue a month. The new software product has an initial cost of $180,000 and a yearly maintenance of $2,000 after the first year. However, it will generate $15,000 in revenue per month and be more secure. How many years until there is a return on investment for this new package?

Options

  • A1
  • B2
  • C3
  • D4

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