Use the Following Table for Questions

question 40

Multiple Choice

Use the following table for questions .
-A company has a minimum required rate of return of 10% and is considering investing in a project that requires an investment of $68,000 and is expected to generate cash inflows of $30,000 at the end of each year for 3 years.The present value of future cash inflows for this project is

• A)$68,000.
• B)$74,610.
• C)$7,930.
• D)$6,610

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Definitions:

Resort Property

Real estate located in a vacation or recreational area, designed for temporary accommodation and offering additional amenities such as restaurants, leisure activities, and scenic views.

Impulse Buying

Impulse buying is the act of purchasing items on the spur of the moment without pre-planning, often driven by emotions or immediate desires.

Habitual Decision

The process of making choices based on habits or routines, rather than active decision-making or deliberation.

Buying

involves the process of acquiring goods or services in exchange for money or other assets, a fundamental activity in commerce and daily life.