Info Labs Inc., a marketing communications company, launches a project at a fixed cost of $180,000. What is the amount of savings earned from the project per month if it returns the investment in 3 years?
A)$5,000
B)$7,000
C)$9,000
D)$10,000

Question

Quizplus · Accepted Answer

To calculate the monthly savings (or return), divide the total investment by the number of months in 3 years (36 months). $180,000 / 36 months = $5,000 per month.