Cora Company Will Receive $10,000 in 5 Years

question 25

Multiple Choice

Cora Company will receive $10,000 in 5 years. If the relevant interest rate is 10%, what is the present value of this receipt?

• A)$ 5,000
• B)$ 6,209
• C)$ 7,500
• D)$10,000

---

Definitions:

Alcohol Consumption

Alcohol consumption involves the drinking of beverages containing ethyl alcohol, which can have varied social, cultural, and health impacts on individuals and communities.

Developing Fetus

A developing fetus refers to a human embryo after the 8th week of gestation until birth, during which time it undergoes significant growth and development.

Active Compounds

Substances in a mixture that have significant effects on biological systems or reactions.

Marijuana

A substance derived from the Cannabis plant with mind-altering effects, utilized either for health-related or leisure activities.