According to the Department of Commerce Information Given in the Textbook

question 7

Multiple Choice

According to the Department of Commerce information given in the textbook, the industry in which the largest amount of foreign direct investment (FDI) in the United States has been made is __________.

• A) finance (except depository institutions) and insurance
• B) information
• C) manufacturing
• D) wholesale trade

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Definitions:

Ordinary Annuity

A series of equal payments made at regular intervals over a specified period of time.

Future Value

The value of a current asset at a specified future date, based on an expected rate of growth or return.

Annuity Due

An annuity for which the payment is due immediately at the beginning of each period, rather than at the end.

Ordinary Annuities

Identical financial amounts distributed at the termination of back-to-back periods, within a set period.