You Are Scheduled to Receive $18,000 in fiVe Years

question 267

Multiple Choice

You are scheduled to receive $18,000 in five years. When you receive it, you will invest it for five more years at 8.6% per year. How much will you have at the end of this time? What would be an
Equivalent Present Value?

• A) $15,916
• B) $14,916
• C) $13,916
• D) $12,916
• E) $11,916

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Definitions:

Ambiguous Objectives

Goals or targets that are not clearly defined, making them open to multiple interpretations.

Verbal Communication

Communication that uses words; may be either oral or written.

Business Etiquette

Business etiquette encompasses the manners and conduct expected within professional settings, guiding interactions and communications.

Team Meeting

A gathering of members of a team to discuss project progress, solve problems, or plan future actions.