Use the Following Table $\text { Present Value of an Annuity of } 1$

question 13

Multiple Choice

Use the following table, $\text { Present Value of an Annuity of } 1$
$\begin{array}{rrrr}\text { Periods } & 8 \% & 9 \% & 10\%\\1 & .926 & .917 & .909 \\2 & 1.783 & 1.759 & 1.736 \\3 & 2.577 & 2.531 & 2.487\end{array}$ A company has a minimum required rate of return of 9%. It is considering investing in a project which costs $350,000 and is expected to generate cash inflows of $140,000 at the end of each year for three years. The net present value of this project is

• A) $354,340.
• B) $70,000.
• C) $35,436.
• D) $4,340.

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Definitions:

Muscles

Tissues in the body that have the ability to contract, making movement possible.

Electromyograph

An instrument used to measure and record the electrical activity produced by skeletal muscles.

Muscular Tension

Physical discomfort or the feeling of tightness in the muscles, often a response to stress or anxiety.

Biofeedback

A technique in which a client is given information about physiological reactions as they occur and learns to control the reactions voluntarily.