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ICYB · Question #107
ICYB Question #107: Real Exam Question with Answer & Explanation
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Question
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)?
Options
- A7.2
- B10.4
- C14.4
- D28.8
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