Chris Buys a Note from a Municipality That Promises to Pay

question 135

Multiple Choice

Chris buys a note from a municipality that promises to pay $1,500 at the end of each of 3 years.How much should Chris pay for the note if she desires a rate of return of 8%,compounded annually?

• A)$4,000
• B)$3,866
• C)$3,905
• D)$3,950
• E)$3,750

Understand the benefits and limitations of IM in a business context.

Discuss the conceptual and structural differences between blogging, microblogging, and podcasting and their implications for corporate communication.

Understand the stages and important considerations in the planning phase of blogging.

Identify and describe various types of digital communication tools including podcasts, microblogs, and blogs.

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Definitions:

State Achievement Testing

Standardized tests administered by educational authorities to evaluate the academic performance of students across schools within a state.

No Child Left Behind Act

A United States Act of Congress passed in 2001 aimed at increasing accountability in education by requiring states to improve student achievement and close achievement gaps.

Cognitive Ability Tests

Assessments designed to measure a person's mental functions, such as memory, reasoning, and verbal and mathematical skills.

Personal Skills

Abilities or competencies relating to personal management and social interaction that individuals possess or can develop.