The Present Value of a Benefit of $10,000 That Occurred

question 14

True/False

The present value of a benefit of $10,000 that occurred in 4 years, discounted at a rate of 8% would be $6,800.

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Definitions:

Clothing

Items worn on the body, usually made from fabric or textiles.

Interviewer

An individual who asks questions or conducts an interview, typically for the purpose of gathering information or assessing qualifications.

Scheduled Time

A predetermined or planned period when an event or activity is intended to take place.

Positive Traits

Characteristics or qualities that are viewed favorably and contribute to the effectiveness or success of an individual.