If You Are Able to Earn an 8% Rate of Return

question 4

Multiple Choice

If you are able to earn an 8% rate of return what amount would you need to invest to have $30000 one year from now?

• A) $27747
• B) $27778
• C) $27273
• D) $29700

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Definitions:

Responsiveness

The ability of a company or organization to react quickly and effectively to changes in the environment, customer demands, or market conditions.

Economies of Scale

The cost advantage achieved by an increase in production, leading to a decrease in the cost per unit.

Inbound Transportation Costs

Expenses associated with moving goods from suppliers to a company, including freight, shipping, and handling fees.

Milk Runs

A delivery method in which a single vehicle collects goods from several suppliers in a single trip, improving efficiency and reducing transportation costs.