A Company Is Considering an Investment That Will Return $22,000

question 28

Multiple Choice

A company is considering an investment that will return $22,000 semiannually at the end of each semiannual period for 4 years. If the company requires an annual return of 10%, what is the maximum amount it is willing to pay for this investment? (^{PV of $1}, ^{FV of $1}, ^{PVA of $1}, and ^{FVA of $1}) (Use appropriate factor(s) from the tables provided.)

• A) Not more than $88,000
• B) Not more than $139,476
• C) Not more than $69,738
• D) Not more than $176,000
• E) Not more than $142,190

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Definitions:

Proprietary Protocol

A communication protocol developed by a specific company for exclusive use, often causing compatibility issues with other systems.

Industry Associations

Organizations founded and funded by businesses that operate in a specific industry to promote their collective interests, provide resources and advocate on their behalf.

Gateways

Network devices that enable communication between different networks, often using different protocols.

PLC Architectures

The structural design of Programmable Logic Controllers, determining how its components are interconnected and how it processes information and control tasks.