In Order to Receive $12,000 at the End of Three

question 17

Multiple Choice

In order to receive $12,000 at the end of three years and $10,000 at the end of five years, how much must be invested now if you can earn 14% rate of return? (Ignore income taxes.) Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided. (Round your intermediate calculations to 3 decimal places.) Garrison 16e Rechecks 2017-12-15

• A) $12,978
• B) $8,100
• C) $13,290
• D) $32,054

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Definitions:

Paid Personal Communication

A marketing strategy involving direct payment for personalized communication efforts, such as targeted email campaigns or sponsored social media posts.

Distribution Options

The various methods or channels a company can use to deliver its products or services to customers, such as direct selling, online sales, or through retail partners.

Structural Options

Structural options pertain to the various organizational configurations a business can adopt to achieve its strategic objectives, including divisions based on product, geography, or function.

AIDA Model

A marketing framework that describes the stages a customer goes through in the process of purchasing a product: Attention, Interest, Desire, and Action.