Using the Tables Above,what Is the Present Value of $6,000

question 153

Multiple Choice

Using the tables above,what is the present value of $6,000 to be received at the end of each of the next 4 years,assuming an earnings rate of 10%?

• A) $20,790
• B) $19,020
• C) $14,412
• D) $25,272

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Definitions:

Rete Testis

A network of tubules in the testes where sperm partially matures and is transported to the epididymis.

Ductus Deferens

A channel responsible for moving sperm from the epididymis to the ejaculatory ducts in the system of male reproduction.

Ejaculation

Reflexive expulsion of semen from the penis.

Prostatic Urethra

Part of the male urethra, approximately 2.5 cm in length, that passes through the prostate gland.