Training Cost $6,500 and a Project Required an Initial Investment

question 112

Multiple Choice

Training cost $6,500 and a project required an initial investment of $47,500. If the project yields monthly savings of $3,500 beginning after 4 months, what is the payback period in months, before money costs and taxes?

• A) 9.7
• B) 15.4
• C) 19.4
• D) 23.7

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Definitions:

Model Components

The essential parts or elements that make up a theoretical framework or model.

Emotional Support

Assistance offered through empathy, concern, and love to help a person deal with emotional stress or challenges.

Transtheoretical Model

A theory of behavior change that outlines five stages individuals go through when changing their habits or overcoming addictive behaviors.

Behavior Change

The process by which individuals modify their actions, attitudes, or behaviors, often in response to external influences or internal decisions.