Assuming an Interest Rate of 14%, the Present Value of $30,000

question 190

Multiple Choice

Assuming an interest rate of 14%, the present value of $30,000 to be received 8 years from now would be closest to: Present Value of $1
Present Value of Annuity of $1

• A)$10,530.
• B)$33,600.
• C)$30,000.
• D)$139,170.

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Definitions:

Familywise Error

The risk of obtaining a false discovery, or type I error, when multiple tests of hypotheses are carried out.

Host Country

The nation in which a multinational company operates a facility or office, distinct from the country where its headquarters is located.

Parent Country

Parent country refers to the country where a multinational corporation is headquartered. Employees from this country working abroad for the corporation might be known as expatriates.

Third Country

A country that is neither the parent country nor the host country of an employer.