Question

Program X has an annual cost of $35,000, and, in return, is expected to save the Company C $40,000 during the first year. Assuming the cost and savings are equally distributed across each month, after how many months will the company recover its investments in Program X

Answer 1

Cost of program x is $35000, annual savings for the company=$40000. The time taken for the company to recover its investment will be.
Cost/Saving*12
35000/40000*12
=10.5 months
The answer is 10.5 months