A Project with an Initial Cost of $450,000 Is Expected

question 59

Multiple Choice

A project with an initial cost of $450,000 is expected to generate returns of $80,000 per year for each of the next five years. What is the project's payback period?

• A) 5.6 years
• B) 5.0 years
• C) 0.17 years
• D) The investment will never be recovered.

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Definitions:

Horizontal Ruler

A graphical user interface tool that displays horizontal measurement markings, often used in document editing or design applications.

Format Painter

A feature in many Microsoft applications that allows users to quickly apply the same formatting, such as color, font style, and size, from one part of a document to another.

Form Layout View

A design surface in database applications that allows for the arrangement and customization of forms for data entry and display.

Outline Color

A property that specifies the color of the border or outline of a graphical element on a user interface.