What's the Present Value of $4,500 Discounted Back 5 Years

question 44

Multiple Choice

What's the present value of $4,500 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually?

• A) $3,089
• B) $3,251
• C) $3,422
• D) $3,602
• E) $3,782

Recognize the costs associated with holding too little or too much cash, and the role of money market instruments in liquidity management.

Learn the effects of environmental factors on float management.

Understand the calculations involved in determining net float and the implications for cash management.

Understand methods to decrease a firm’s collection time.

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Definitions:

Physical Aggression

The use of physical force aimed at harming or injuring another person.

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The quality of being self-assured and confident without being aggressive.

Popular Child

A child who is widely liked and accepted by their peers, often demonstrating traits that are valued by the social group such as sociability or charisma.

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Techniques and strategies used to manage and control one's emotional responses and expressions in various situations.