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hi,
in the question,it is stated there will be salary savings
4 people at an annual salary of $12000 eachthe answer is salary savings=12000
why it is not $12000 x 4 = $48000?in the question it mentions
‘The consequent reduction in the time spent chasing
customers where payments are overdue will allow one member of the credit control team to take early retirement’hence, savings on salary is 12000
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