If the Current Rate of Interest Is 8%,then the Present

question 64

Multiple Choice

If the current rate of interest is 8%,then the present value of an investment that pays $1000 per year and lasts 20 years is closest to:

• A)$18,519.
• B)$45,761.
• C)$9818.
• D)$20,000.

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Definitions:

Focus Group Leaders

Facilitators who guide a focus group to gather diverse opinions, thoughts, and feelings on a specific topic in a structured setting.

Sophisticated Terminology

Complex or advanced language used in specific fields or by professionals to convey precise meanings.

Genuine Interest

Authentic curiosity or concern in a subject or person without any underlying motives.

Smooth Flow

The unimpeded progress or movement of something, ensuring continuity and efficiency.