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Mathematics · Studypool

Training Budget Discussion

Overview

I’m working on a Mathematics exercise and need support.

A large research hospital is considering a new computer-based training  course for lab safety. The total cost of the hospital's current training  program is $80,000 per year. If the new training program will reduce  these costs to $60,000 per year, what is the maximum acceptable cost to  initiate the program to reach the break-even point within three years?  What is the return on investment for that scenario?