Rachel Graduated from College

question 4

Multiple Choice

Rachel graduated from college.She wants to make an above average income.Rachel should consider a position as a/an:

• A)retail store manager.
• B)personnel officer.
• C)account representative.
• D)bank management trainee.
• E)marketing researcher.

---

Definitions:

Interest Rate

The cost of borrowing money, expressed as a percentage of the total amount loaned, paid by borrowers to lenders.

Present Value

The contemporary valuation of an anticipated sum of money or cash flow sequence, based on a given return rate.

Interest Rate

The amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets.

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time.