Find the Present Value of the Future Value

question 77

Multiple Choice

Find the present value of the future value.
-$9000, invested for 4 years at 4% compounded quarterly

• A) $10,537.21
• B) $10,553.21
• C) $7691.39
• D) $7675.39

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Definitions:

Pull System

A concept that results in material being produced only when requested and moved to where it is needed just as it is needed.

Upstream Stations

Facilities or locations in a supply chain where processes occur before reaching the final production stage.

Manufacturing Cycle Time

The total time required to convert raw materials into finished goods, including processing, assembly, and queue times.