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Exam PgMP topic 1 question 102 discussion

Actual exam question from PMI's PgMP
Question #: 102
Topic #: 1
[All PgMP Questions]

You are the program manager for your organization. You have proposed a program that will cost $750,000 and will last for four years. Management is concerned with the cost of the program in relation to the return your program will bring. If the rate of return is six percent what is the minimum value your project should return in four years based on the investment of the program?

  • A. $750,000
  • B. $795,000
  • C. $750,001
  • D. $946,857
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Suggested Answer: D 🗳️
by SyedCert at Jan. 2, 2022, 8:51 p.m.

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UHS
9 months, 2 weeks ago
FV= PV(1+int%)^4 = 750000(1+0.06)^4 = 946857.72
upvoted 1 times
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SyedCert
1 year, 10 months ago
Initial cost 750000 Rate 0.06 1st year 45000 795000 2nd year 47700 842700 3rd year 50562 893262 4th year 53595.72 946857.72
upvoted 1 times
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