Cora Company Will Receive $10,000 a Year for 5 Years

question 13

Multiple Choice

Cora Company will receive $10,000 a year for 5 years, with all receipts at yearend. What is the present value of this annuity using a 10% discount rate?

• A)$35,000
• B)$37,908
• C)$40,000
• D)$41,699

Choose sentences that avoid cluttering phrases for clearer communication.

Enhance the readability of a message through sentence structure.

Understand and identify dependent and independent clauses.

Recognize and correct roundabout sentence constructions.

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Definitions:

Routine Request

A standard or common request made in a professional setting, often for regular operations or procedures.

Explain

To make something clear or easy to understand by describing or giving information about it.

Justify

To provide valid reasons or evidence to support an argument or action.

Claim

A statement made about something, usually without providing evidence or proof, often requiring verification.