Training cost is $4,000 and a project required an initial investment of $30,000. If the project yields monthly savings of $2,000 beginning after 3 months, what is the payback period in months…

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Question

Training cost is $4,000 and a project required an initial investment of $30,000. If the project yields monthly savings of $2,000 beginning after 3 months, what is the payback period in months (before money costs and taxes)?

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How the community answered

(34 responses)

A
3% (1)
B
71% (24)
C
18% (6)
D
9% (3)

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Topics

#payback period#financial analysis#project ROI#cost savings

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