As an Excellent Student in Environmental Ecology You Have Been

question 57

Multiple Choice

As an excellent student in environmental ecology you have been awarded the "Clean Effluent Prize" by state agency. You (or your estate) are to receive $300 forever from the state or the agency will allow you to choose $400 over the next 25 years. Payments are to be received semi-annually and if the market rate of interest is 6% what is the value of the two options respectively.

• A) $30,000; $10,000
• B) $5,000; $5,145.95
• C) $10,000; $6,304.74
• D) $2,500; $3,859.46
• E) $6,666.67; $5,113.34

---

Definitions:

Skills

Specific abilities or expertise that enable a person to perform particular tasks effectively.

Performance Objectives

Specific, measurable goals set for individuals or teams to achieve within a specified timeframe to improve overall performance.

Quantity

The amount or number of a material or immaterial thing not considering its quality or nature.

Timeliness

The quality of being done or occurring at a favorable or appropriate time.