Use this information to answer the following question. 
What is the present value of receiving $1,200 at the end of each year for three years at a 12% interest rate?
Definitions:
Agreed Meaning
Shared understanding among individuals or groups about the interpretation of a term or concept.
Ratio Analysis
In Burke’s dramatistic analysis, this means examining the relative significance of each pentad unit (act, scene, agent, agency, purpose) in any situation.
Pentad Unit
A group or collection of five units, often used in the study of linguistics or qualitative research as a structural component.
Structure and Properties
The organization and intrinsic attributes of something that determine its behavior under various conditions.
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