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IASSC Exam ICYB Topic 9 Question 62 Discussion

Actual exam question for IASSC's ICYB exam
Question #: 62
Topic #: 9
[All ICYB Questions]

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)?

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Suggested Answer: D

Contribute your Thoughts:

Ricki
17 days ago
Wait, am I the only one who finds this exam question a bit too easy? It's practically a math problem. I could solve this with my eyes closed!
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Kenny
18 hours ago
A) 7.2
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Karina
28 days ago
I'm pretty sure the answer is 10.4 months. That makes the most sense to me based on the information provided.
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Frederic
8 days ago
I think the answer is 10.4 months.
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Nathan
1 months ago
Okay, let's think this through. The training cost is $2,500, and the initial investment is $23,500. The monthly savings are $2,500, starting after 4 months. I think the correct answer must be one of the shorter options.
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Regenia
19 days ago
C) 14.4
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Nobuko
22 days ago
B) 10.4
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Clay
24 days ago
A) 7.2
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Barrett
2 months ago
Hmm, the payback period is definitely not 28.8 months. That's way too long for this project.
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Herman
19 days ago
B) 10.4
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Pete
23 days ago
A) 7.2
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Vilma
2 months ago
But if we calculate the payback period based on the initial investment and monthly savings, it should be around 10.4 months.
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Ty
2 months ago
I disagree, I believe the answer is B) 10.4.
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Vilma
2 months ago
I think the answer is A) 7.2.
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