Lisa Carson Has the Opportunity to Receive $12,000 Now or $15,000

question 33

Multiple Choice

Lisa Carson has the opportunity to receive $12,000 now or $15,000 in four years.If Lisa can earn 6 percent on her investments,what is the present value of the $15,000 payment?

• A)$15,000
• B)$13,785
• C)$11,881
• D)$9,505

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Definitions:

Report Design View

A mode in database reporting tools that allows users to design or modify the layout and elements of a report before it is generated or printed.

Vertical Ruler

A tool in various software applications that helps align and measure objects vertically on the screen.

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A visual indicator or line that highlights or marks the selection of text, objects, or areas in a software application for manipulation or editing.

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User interface elements in software design that allow users to interact with an application, such as buttons, text boxes, and sliders.