Use the Present Value Tables Included in Appendix a of Your

question 22

Multiple Choice

Use the present value tables included in Appendix A of your textbook to compute the NPV of $12,500 received in year 5 at a 6% discount rate.

• A) $8,745.5
• B) $9,337.5
• C) $9,900
• D) None of the above

---

Definitions:

Mineral

A naturally occurring, inorganic substance with a definite chemical composition and crystalline structure.

Neural Tube Defects

Birth defects of the brain, spine, or spinal cord that occur in the first month of pregnancy due to improper closure of the neural tube.

Folic Acid

A B vitamin essential for cell growth and metabolism, particularly important during pregnancy to prevent neural tube defects.

Pregnancy

The state of carrying a developing embryo or fetus within the female body, typically lasting about 40 weeks from the last menstrual period to childbirth.