What Is the Present Value of $1,100 Per Year, at a Discount

question 4

Multiple Choice

What is the present value of $1,100 per year, at a discount rate of 10 percent if the first payment is received 6 years from now and the last payment is received 28 years from now?

• A)$6,067.36
• B)$6,138.87
• C)$6,333.33
• D)$6,420.12
• E)$6,511.08

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Definitions:

Strategic Intent

The focus on and application of organizational energies on a unifying and compelling goal.

Unifying Target

A common goal set for a group or team to focus their efforts towards achieving together.

Stakeholders

The persons, groups, and other organizations that are directly affected by the behaviour of the organization and that hold a stake in its performance.

Strategic Accomplishments

Achievements that significantly contribute to the fulfillment of key goals or objectives within a strategic plan.