Using the Following Partial Table of Present Value of $1

question 13

Multiple Choice

Using the following partial table of present value of $1 at compound interest, determine the present value of $50,000 to be received 3 years hence with earnings at the rate of 12% a year.

• A)$37,550
• B)$31,800
• C)$35,600
• D)$39,850

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Definitions:

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the values differ from the mean.

Operational Decision

Decisions made to manage day-to-day activities of an organization, affecting its efficiency and effectiveness.

Supply Chain

The network of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.

Transportation

Refers to the movement of goods or people from one location to another, typically involving vehicles such as trucks, ships, and planes.