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Exam RHIA topic 1 question 1527 discussion

Actual exam question from AHIMA's RHIA
Question #: 1527
Topic #: 1
[All RHIA Questions]

In deciding to purchase or lease a new dictation system, the Director of HI Services calculated payback period and rate of return on the investment. The hospital's required payback period is years with a required rate of return of 20%. If the equipment costs $32,000 and generates $8 per year in savings, what would the payback period for this equipment be?

  • A. 2 years
  • B. 5 years
  • C. 3 years
  • D. 4 years
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Suggested Answer: D 🗳️

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Dreamer
3 years, 10 months ago
typo error It's $8000 per year in saving
upvoted 2 times
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