If the Single Amount of $2000 Is to Be Received

question 70

Multiple Choice

If the single amount of $2000 is to be received in 2 years and discounted at 11% its present value is

• A) $1818.
• B) $1623.
• C) $1802.
• D) $2754.

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Definitions:

Market Price

The current price at which a good or service can be bought or sold in a market.

Production Costs

Expenses incurred in the process of creating a product or service, including labor, materials, and overheads.

Property Rights

Legal rights to use, control, and dispose of property, including real estate, intellectual property, and tangible goods.

Sustainable Rate

A rate of growth or extraction that can be maintained over time without depleting resources or causing environmental damage.