Fishermen's Corp

question 9

Multiple Choice

Fishermen's Corp. is considering purchasing a boat. If the boat was purchased, it is expected to receive $20,000 at the end of the first year, $40,000 at the end of the second year, and $60,000 at the end of the third year within its business. What is the boat worth to Fishermen's Corp today, assume an 8% discount rate.

• A) $120,000
• B) $100,440
• C) $47,640
• D) $98,756

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Definitions:

Quality Sleep

Sleep that is deep, restorative, and uninterrupted, enabling an individual to wake up feeling refreshed.

Social Skills

Abilities necessary for effective and positive interaction with others, including communication, empathy, and cooperation.

Human Contact

The physical or emotional interaction between humans, which is essential for personal development and mental health.

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A relationship or bond between people, places, or things, characterized by feelings of affinity, understanding, or mutual support.