If We Will Receive $100 Per Year Beginning One Year

question 142

Multiple Choice

If we will receive $100 per year beginning one year from now for a period of three years with a 12% discount rate, what would be the value of our investment today?

• A) $230
• B) $240
• C) $250
• D) $260

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Definitions:

Electronic Devices

Gadgets and devices that operate using electrical energy and electronic circuits.

New Gadgets

Recently developed electronic devices or tools designed to perform specific tasks, often incorporating the latest technology.

Customer Relationship Management

A system for managing a company’s interactions with current and future customers, often utilizing technology to organize, automate, and synchronize sales, marketing, customer service, and technical support.

Supply Chain Management

The management of the flow of goods and services, including all processes that transform raw materials into final products.