If $10,000 Is Invested in a Certain Business at the Start

question 52

Multiple Choice

If $10,000 is invested in a certain business at the start of the year,the investor will receive $3000 at the end of each of the next four years.What is the net present value (NPV) of this business opportunity if the interest rate is 7% per year?

• A)$148.53
• B)$161.63
• C)$172.45
• D)$178.88
• E)$183.43

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Definitions:

Coca Leaves

The leaves of the coca plant, traditionally used for their stimulant effects in South America, and known for their role in the production of cocaine.

Process

A series of actions or steps taken in order to achieve a particular outcome, often involving stages or phases.

Military Movements

refer to coordinated actions and maneuvers by armed forces during training or operations, designed to achieve strategic or tactical objectives.

Position of Attention

A military posture with feet together, body erect, and eyes looking straight ahead, signaling readiness and respect.