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

question 51

Multiple Choice

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

• A)$18,519
• B)$45,762
• C)$9,818
• D)$20,000

---

Definitions:

End-User

The final consumer of a product or service who uses it for its intended purpose.

ROI

Return on Investment, a financial metric used to evaluate the efficiency and profitability of an investment, calculated by dividing the net profit by the initial cost.

Marketing Plan

A strategic document outlining an organization's advertising and marketing efforts over a certain period of time.

Sales Presentation

A pitch or demonstration given to potential customers to introduce a product or service and persuade them to make a purchase.