Choose the One Alternative That Best Completes the Statement or Answers

question 108

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
-How much money needs to be invested now to get $2000 after 4 years at 8% compounded quarterly? Express your answer to the nearest dollar.

• A) $2746
• B) $1848
• C) $1457
• D) $584

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Definitions:

Foreign Firm

A company that is based, incorporated, or originates in a country different from the market it operates in or sells its products to.

Domestic Firm

A company that operates and conducts its business activities within its home country.

Legal Process

Involves the procedures and activities related to the law, including litigation, legal negotiation, and the enforcement of legal rights.

U.S. Exporters

Businesses or entities located in the United States that sell goods or services to buyers in other countries.