Many Stores Now E-Mail Codes to Their Customers That Can

question 1

Multiple Choice

Many stores now e-mail codes to their customers that can be used on their websites or printed and brought into the store to receive discounts.The customer is using a __________ to receive the discount.

• A) coupon
• B) rebate
• C) size discount
• D) seasonal discount
• E) markdown

---

Definitions:

Future Value

The future value of an asset or cash that, on a specific future date, is equal in worth to a given amount today.

Cash Flow

The total financial movement entering and exiting a business, substantially affecting its operational liquidity.

Present Value

The current value of a future amount of money or a series of future payments, discounted at a specific rate.

Future Value

The value of an asset or cash at a specific date in the future that is equivalent in value to a specified sum today.