At a cost of $12,000, community hospital is refinancing the mortgage on the building that houses its clinic. the hospital will save $500/month in interest. what is the payback period on the refinancing?

24 months

Explanation: First, the $500 x 12 months = $6,000 savings in the first year.

For the next 12 months, the savings is an additional $6,00.

Therefore, if you add those 2 together, it is 24 months to recover the cost of refinancing.

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!

answer; (c) communism and socialism;