Find the Present Value

question 257

Multiple Choice

Find the present value. Round to the nearest cent.
-To get $5600 after 8 years at 5% compounded annually

• A) $3,639.62
• B) $2,260.9
• C) $5,962.67
• D) $3790.30

---

Definitions:

Osmosis

Diffusion of water across a selectively permeable membrane; occurs in response to a difference in solute concentration between the fluids on either side of the membrane.

Sieve Elements

Living cells that compose sugar-conducting sieve tubes of phloem. Each sieve tube consists of a stack of sieve elements that meet end to end at sieve plates.

Osmosis

The movement of water molecules through a semipermeable membrane from a region of lower solute concentration to higher concentration.

Sink Cells

Cells that act as repositories for the products of photosynthesis or other metabolic activities, often located in different parts of a plant.