The Lease on a New Office Requires an Immediate Payment

question 57

Multiple Choice

The lease on a new office requires an immediate payment of $24,000 plus $24,000 per year at the end of each of the next 10 years. At a discount rate of 14 percent, what is the present value of this stream of lease payments?

• A) $130,872
• B) $149,194
• C) $142,710
• D) $264,000

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Definitions:

Easy Temperament

A temperament characterised by regularity, adaptability, and a positive mood.

Uninhibited Temperament

A personality trait characterized by outgoing, sociable, and usually confident behavior with less reservation or anxiety in social situations.

Active Infant

A concept emphasizing that infants are engaged in learning and exploring their environment, not passively responding to it.

Motor Development

The progression of muscle coordination, strength, and movement patterns, allowing for more complex physical activities over time.