You Have a Sub-Contracting Job with a Local Manufacturing fiRm

question 117

Multiple Choice

You have a sub-contracting job with a local manufacturing firm. Your agreement calls for annual payments of $50,000 for the next five years. At a discount rate of 12%, what is this job worth to you
Today?

• A) $180,238.81
• B) $201,867.47
• C) $210,618.19
• D) $223,162.58
• E) $224,267.10

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Definitions:

IQR

Interquartile range, a measure of statistical dispersion being the difference between the 75th and 25th percentiles.

Consistent Player

An athlete or participant who performs steadily and reliably over time.

State Championship

A competitive event where teams or individuals from various regions or schools within a state compete to determine the champion in a particular sport or activity.

Standard Deviation

A statistical measure that quantifies the amount of dispersion or variation of a set of data values from the mean value.