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GSLC · Question #422

GSLC Question #422: Real Exam Question with Answer & Explanation

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Question

You are the program manager for your organization. You have proposed a program that will cost $750,000 and will last for four years. Management is concerned with the cost of the program in relation to the return your program will bring. If the rate of return is six percent what is the minimum value your project should return in four years based on the investment of the program?

Options

  • A$795,000
  • B$750,001
  • C$946,857
  • D$750,000

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