Find the Present Value of $5,325 to Be Received in One

question 49

Multiple Choice

Find the present value of $5,325 to be received in one period if the rate is 6.5%.

• A) $5,000.00
• B) $5,023.58
• C) $5,644.50
• D) $5,671.13
• E) None of these.

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Definitions:

Directives

Official orders or instructions issued by an authority, guiding actions or procedures in a specific field or organization.

True Influence

The genuine capacity to have an effect on the character, development, or behavior of someone or something, or the effect itself.

Expert Power

The influence and authority one possesses due to their expertise, skills, or knowledge in a specific field.

Behavior

The way in which one acts or conducts oneself, especially towards others.