A Firm Will Have Constant Profits of $100,000 Per Year

question 123

Multiple Choice

A firm will have constant profits of $100,000 per year for the next four years,and the interest rate is 6 percent.Assuming these profits are realized at the end of each year,what is the present value of these future profits?

• A) $325,816
• B) $376,741
• C) $400,000
• D) $346,511

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Definitions:

Assertively

Expressing one's self with confidence and directness while respecting others' opinions and needs.

Therapeutic Communication

Techniques used by healthcare providers to support the patient's mental and emotional well-being, facilitating effective information exchange and relationship building.

Active Listening

The process of fully concentrating, understanding, responding, and remembering what is being said.

Giving Approval

The act of formally agreeing to or endorsing a plan, action, or idea.