You Just Signed a Consulting Contract That Will Pay You

question 119

Multiple Choice

You just signed a consulting contract that will pay you $35,000, $52,000, and $80,000 annually at the end of the next three years, respectively. What is the present value of these cash flows given a 10.5 percent discount rate?

• A)$133,554
• B)$142,307
• C)$148,880
• D)$151,131
• E)$156,910

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Definitions:

Impetigo Contagiosa

A highly contagious skin infection caused by bacteria, leading to red sores that can rupture and crust over.

Topical Corticosteroids

Anti-inflammatory medications applied to the skin to treat a variety of conditions, including eczema and psoriasis.

Wood Lamp

A diagnostic tool that uses ultraviolet light to examine the skin for bacterial or fungal infections and other skin conditions.

Tinea Capitis

A fungal infection of the scalp, commonly known as ringworm, which typically results in scaly patches, itching, and hair loss.