Your Local Travel Agent Is Advertising an Extravagant Global Vacation

question 13

Multiple Choice

Your local travel agent is advertising an extravagant global vacation.The package deal requires that you pay £5,000 today, £15,000 one year from today, and a final payment of £25,000 on the day you leave two years from today.What is the cost of this vacation in today's pounds if the discount rate is 6%?

• A)£39,057.41
• B)£41,400.85
• C)£43,082.39
• D)£44,414.14
• E)£46,518.00

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Definitions:

Inform Audience

The act of providing relevant and necessary information to a particular group of people or the public.

Information Overload

The state of being overwhelmed by the vast amount of data and information available, making it difficult to make decisions or understand issues.

Clear And Meaningful

Information or communication that is easy to understand and has significant relevance or importance.

Message Sender

the individual, group, or entity that initiates and communicates a message to a receiver through a selected channel.