You Are Considering an Investment That Is Expected to Pay

question 49

Multiple Choice

You are considering an investment that is expected to pay 3 percent in year 1, 5 percent in years 2 and 3 and 7 percent in year 4. If you invest $1,000 today, what will this investment be worth at the end of the fourth year?

• A) $1215.07
• B) $1215.51
• C) $1275.81
• D) $1285.75

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Definitions:

Career Counselling

The process of discussing with employees their current job activities and performance, personal and career interests and goals, personal skills, and suitable career development objectives.

Noise-Reduction

Measures or techniques employed to decrease or mitigate unwanted sound in environments such as workplaces or residential areas.

NAFTA

Stands for the North American Free Trade Agreement, a treaty among the United States, Canada, and Mexico that aimed to eliminate trade barriers and promote economic cooperation among these countries.