Project Management Professional (PMBOK 7) test | TrustEd Institute

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PMP - The Standard for Project Management: A System for Value Delivery - Creating Value: Value Delivery Components

Beginner

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A project has total costs of $120,000 and is expected to generate benefits of $30,000 annually. Using the Payback Period formula (Payback Period = Total Costs / Annual Benefits), what is the Payback Period for this project?

a.

Three and a half years

b.

Four and a half years

c.

5 years

d.

4 years