Pelcher Company Acquires a Machine by Issuing a Note That $\bold{\text{(Use appropriate factor(s)from the tables provided.)}}$

question 6

Multiple Choice

Pelcher Company acquires a machine by issuing a note that requires semiannual payments of $4,000 for 3 years.The interest rate on the note is 10% compounded semiannually.What is the cost of the machine? (PV of $1,FV of $1,PVA of $1,and FVA of $1) $\bold{\text{(Use appropriate factor(s) from the tables provided.) }}$

• A)$17,421.20
• B)$20,302.80
• C)$10,892.80
• D)$ 9.947.41
• E)$24,000.00

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Definitions:

Fear Appeals

Marketing messages that evoke fear to motivate consumers to engage in a desired behavior, often used in public health campaigns.

Emotional Appeals

Marketing strategies designed to elicit emotional responses from consumers, hoping to influence their attitudes or behaviors towards a product or brand.

Cognitive-Avoidance Appeals

Marketing strategies aimed at changing consumers' behaviors by emphasizing the negative outcomes of not using a product or service.

Resonance

A phenomenon where a message or content deeply connects with individuals on an emotional level, often leading to a strong reaction.