If $8000 Is Invested in a Certain Business at the Start

question 31

Multiple Choice

If $8000 is invested in a certain business at the start of the year, the investor will receive $2400 at the end of each of the next four years. What is the present value of this business opportunity if the interest rate is 6% per year?

• A) $158.13
• B) $316.25
• C) $379.50
• D) $506.00

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Definitions:

Marketing Manager

A professional responsible for overseeing the promotion and selling of a company's products or services.

Monthly Sales

The total revenue generated from the sale of goods or services within a single month.

Sales Commissions

Payments made to sales personnel or agents, usually calculated as a percentage of the sales they directly generate.

Marketing Manager

A professional role responsible for developing, implementing, and overseeing marketing strategies and campaigns to promote a company's products or services.