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Question 8: Training cost is $3,000 and a project required an initial investment of $12,000. If the project
yields
monthly savings of $1,800 beginning after 3 months, what is the payback period in months (before
money costs and taxes)?
A. 4.17
B. 8.33
C. 11.33
D. 28.28
Correct Answer: C
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