The Table Above Shows the Interest Rates Available from Investing

question 24

Multiple Choice

The table above shows the interest rates available from investing in risk-free Government of Canada securities with different investment terms.What is the present value (PV) of cash flows from an investment that yields $4000 at the end of each year for the next four years?

• A) $14,898
• B) $14,956
• C) $14,990
• D) $15,093
• E) $14,822

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Definitions:

ECU or ECM

Stands for Electronic Control Unit or Engine Control Module, a type of computer in vehicles that controls engine functions to ensure optimal performance.

Counts of Resolution

A measure of the smallest movement or change in position that a sensor or device can detect.

DMM Probes

Tools used with a digital multimeter to make physical contact with the component or circuit being measured.

Rubber Insulator

A component made of rubber used to electrically isolate two parts of a structure, preventing unwanted electrical conduction.