A Company Is Considering an Investment That Will Return $22,000 $\bold{\text{(Use appropriate factor(s)from the tables provided.)}}$

question 80

Multiple Choice

A company is considering an investment that will return $22,000 semiannually at the end of each semiannual period for 4 years.If the company requires an annual return of 10%,what is the maximum amount it is willing to pay for this investment? (PV of $1,FV of $1,PVA of $1,and FVA of $1) $\bold{\text{(Use appropriate factor(s) from the tables provided.) }}$

• A)Not more than $69,738
• B)Not more than $139,476
• C)Not more than $88,000
• D)Not more than $142,190
• E)Not more than $176,000

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Definitions:

Soybean Fermentation

A process involving the breakdown of soybeans by microorganisms or enzymes, resulting in products like soy sauce and tempeh.

Ascomycete

A member of a large group of fungi characterized by the formation of spores in special sac-like structures called asci.

Zygomycete

Members of the Zygomycota, a phylum of fungi, known for their fast-growing molds, reproductive zygosporangia, and life cycles that include both sexual and asexual reproduction.

Basidiomycete

A class of fungi characterized by producing spores on basidia and includes mushrooms, puffballs, and rusts, playing roles in decomposition and nutrient cycling.