Conhugeco Is Eyeing a New Plotzer 3,000, Which Has a List

question 36

Multiple Choice

Conhugeco is eyeing a new Plotzer 3,000, which has a list price of $12,000,000. How much should they set aside today if they want to make their purchase one year from now and their interest-bearing checking account pays 3% annually?

• A) about $11.6 million
• B) about $11.2 million
• C) about $12.3 million
• D) about $12.8 million

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Definitions:

Discrimination

Biased treatment of a job candidate or employee.

Biased Treatment

Differential and unjust treatment of individuals or groups based on prejudiced attitudes or judgments rather than objective merit.

Job Candidate

An individual who applies for or is considered for an employment position within an organization.

Green Marketing

A marketing strategy that promotes environmentally safe products and production methods.