You Expect to Receive $800 at the End of Each

question 96

Multiple Choice

You expect to receive $800 at the end of each of the next twenty years.What is the present value of the stream of payments if the interest rate is 6%?

• A) $9,175.94
• B) $9,411.26
• C) $9,305.38
• D) $9,687.79
• E) $9,550.30

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Definitions:

Business Concept

A business concept that outlines fundamental details like the product or service being offered, the intended market audience, and a distinct selling point that provides the company with a competitive edge.

Financial Section

A part of a business plan or report that contains detailed information about the company's financial status, projections, and strategies.

Pitch Decks

A presentation used by entrepreneurs to provide a quick overview of their business plan and vision to potential investors.

Eric Ries

An entrepreneur and author known for advocating the Lean Startup methodology, which focuses on creating and managing startups in a more efficient and cost-effective way.