Present and Future Value Tables of $1 at 3% Are

question 33

Multiple Choice

Present and future value tables of $1 at 3% are presented below:

-On January 1, 2018, you are considering making an investment that will pay three annual payments of $10,000. The first payment is not expected until December 31, 2021. You are eager to earn 3%. What is the present value of the investment on January 1, 2018?

• A) $28,286.
• B) $25,886.
• C) $26,662.
• D) $27,300.

---

Definitions:

Wagner Act

A foundational piece of U.S. labor law, officially the National Labor Relations Act of 1935, which established workers' rights to collectively bargain and form unions.

Union Demands

Requests or conditions put forward by labor unions during negotiations with employers, typically regarding wages, benefits, working conditions, and job security.

Decertification Election

A legal process where workers vote to remove the representation of a labor union in their workplace, effectively ending the union's authority to negotiate on their behalf.

Track Record

The history of performance, achievements, or the reliability of an individual, organization, or product over a period of time.