You Are Due to Receive a Lump-Sum Payment of $1,650

question 22

Multiple Choice

You are due to receive a lump-sum payment of $1,650 in five years.Assuming a discount rate of 3.5 percent interest, what would be the value of the payment in Year 3?

• A)$1,488.21
• B)$1,540.29
• C)$1594.20
• D)$1,389.26
• E)$1,296.89

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Definitions:

Stages of Listening

The progressive steps involved in listening, typically including receiving, understanding, evaluating, remembering, and responding to auditory information.

Listening Process

The active engagement in hearing and attempting to comprehend and interpret the messages communicated by others.

Proxemics

The study of how humans use space and distance as a means of nonverbal communication.

Chronemics

The study of how time is used in communication and how it affects interactions.