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GAQM CLSSGB-001 Exam - Topic 1 Question 76 Discussion

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

GAQM CLSSGB-001 Exam - Topic 1 Question 76 Discussion

Actual exam question for GAQM's CLSSGB-001 exam
Question #: 76
Topic #: 1
[All CLSSGB-001 Questions]

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?

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Suggested Answer: C

by Francine at Jul 10, 2025, 05:15 AM

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Jennifer
7 months ago
Monthly savings start after 4 months, don’t forget that!
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Tula
7 months ago
Totally agree, 19.4 makes sense with the savings!
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Deane
7 months ago
Wait, how do we know it’s 19.4? Seems off.
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Jacklyn
7 months ago
Initial investment is $47,500, training cost $6,500.
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Heike
7 months ago
Payback period is around 19.4 months, right?
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Mica
8 months ago
I feel like the payback period should be straightforward, but I’m confused about how to handle the initial investment and the training cost together.
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Beatriz
8 months ago
If the project starts saving after 4 months, I guess we need to add those months to the total payback calculation. I’m leaning towards option C, but I’m not completely sure.
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Tawanna
8 months ago
I think we did a similar question where we had to subtract initial costs from savings, but I can't recall the exact formula for the payback period.
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Yoko
8 months ago
I remember we calculated payback periods in class, but I’m not sure how to factor in the delay of 4 months before savings start.
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Martin
8 months ago
I'm pretty confident I can solve this. The key is to remember that the payback period is the time it takes for the cumulative savings to equal the total investment. With the given information, I should be able to work through this step-by-step.
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Emelda
9 months ago
Wait, is the 4-month delay before the savings start included in the payback period, or do I need to add that on top of the calculated payback period? I'm a little confused about how to handle that part.
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Azzie
9 months ago
Okay, I think I've got this. The total investment is $47,500 + $6,500 = $54,000. The monthly savings are $3,500, and the savings start after 4 months. So the payback period should be (54,000 / 3,500) + 4 = 19.4 months.
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Elenor
9 months ago
Hmm, I'm a bit unsure about how to handle the 4-month delay before the savings start. Do I need to account for that somehow in the calculation?
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Dana
9 months ago
This looks like a straightforward payback period calculation. I'll start by finding the total investment cost, then divide that by the monthly savings to get the payback period.
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Xuan
11 months ago
This is easy peasy. A) 9.7 months, no doubt about it. Now, where's the free coffee?
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Aileen
10 months ago
No way, it's definitely A) 9.7 months.
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Henriette
10 months ago
I think it's B) 15.4 months.
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Rodney
11 months ago
That makes sense, maybe we should reconsider our calculations
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Naomi
11 months ago
Payback period? More like 'pay-back-the-bank' period, am I right? Anyway, I say D) 23.7 months.
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Allene
11 months ago
Wait, is this a trick question? I'm going to go with B) 15.4 months just to be safe.
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William
10 months ago
No way, I calculated it and got A) 9.7 months.
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Luann
10 months ago
I think the answer is actually C) 19.4 months.
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Jacklyn
11 months ago
I think the answer is C) 19.4 because we need to consider the training cost as well
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Kimberely
11 months ago
Okay, let me crunch the numbers. I think C) 19.4 months is the right answer here.
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Allene
11 months ago
I agree with you, C) 19.4 seems to be the right choice
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Frederica
11 months ago
I think it might actually be B) 15.4
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Christiane
11 months ago
I believe the correct answer is A) 9.7
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Adelina
12 months ago
But if we calculate the payback period based on the initial investment and monthly savings, it should be around 9.7 months
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Hassie
12 months ago
Hmm, this seems straightforward. I'm going with A) 9.7 months.
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Sheron
10 months ago
I agree with you, I also calculated it to be B) 15.4 months.
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Sheron
11 months ago
I think it's actually B) 15.4 months.
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Rodney
12 months ago
I disagree, I believe the answer is B) 15.4
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Adelina
12 months ago
I think the answer is A) 9.7
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