Determine the Present Value of $5,000 to Be Received 4

question 8

Multiple Choice

Determine the present value of $5,000 to be received 4 years from now at the continuously discounted rate of 8 percent.

• A)$6,886
• B)$3,631
• C)$4,616
• D)None of these

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Definitions:

Market Segment

A subgroup within a larger market, defined by its unique needs, preferences, or demographics, that businesses target with specific products or marketing strategies.

Corporate Governance

The system of control and performance monitoring of top management.

Performance Monitoring

The continuous process of tracking and evaluating the efficiency, effectiveness, and productivity of an organization or individual.

Stakeholder Representatives

Individuals or groups designated to act on behalf of stakeholders’ interests within or related to a project, organization, or initiative.