An Investment Pays $400 in One Year,X Amount of Dollars

question 50

Multiple Choice

An investment pays $400 in one year,X amount of dollars in two years,and $500 in three years. The total present value of all the cash flows (including X) is equal to $1,500. If i is 6 percent,what is X?

• A)$749.67
• B)$789.70
• C)$600.00
• D)$822.41
• E)$702.83

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Definitions:

Artificially Create Milestones

The practice of deliberately setting checkpoint goals in a project's timeline, even if they don't naturally align with the project's progression.

Undue Influence

An improper or wrongful pressure exerted on someone to coerce them into an action that might not be in their best interest.

Responsibility Matrix

A tool used to define and document roles and responsibilities of individuals or teams in completing tasks or deliverables in a project.

Management Style

The approach or method that a manager uses to accomplish objectives, motivate employees, and manage tasks and challenges.