Which of the Following Statements Is Correct

question 99

Multiple Choice

Which of the following statements is correct?

• A) $100 to be received in the future is worth more than that today since it could be invested and earn interest.
• B) $100 to be received in the future is worth less than that today since it could be invested and earn interest.
• C) The Rule of 72 calculates the compounded return on investments.
• D) Discounting is finding the future value of an original investment.

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Definitions:

Direct Marketing

Advertising that communicates directly with consumers and organizations in an effort to provoke a response.

Consistent Message

A communication strategy that ensures all messages shared across various channels are uniform in content and tone, enhancing brand recognition and trust.

Direct Marketing

A type of advertising strategy that delivers promotional messages directly to potential customers on an individual basis, often through mail, email, or phone.

Coupons

Documents that entitle the customers who carry them to a discount on a product.