Using the Tables Above,if an Investment Is Made Now for $20,000

question 127

Multiple Choice

Using the tables above,if an investment is made now for $20,000 that will generate a cash inflow of $7,000 a year for the next 4 years,what would be the present value of the investment cash inflows,assuming an earnings rate of 12%?

• A) $20,352
• B) $3,969
• C) $22,190
• D) $21,259

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Definitions:

Political Structure

The organized system of political institutions and processes through which a country or organization is governed, including branches of government, political parties, and electoral systems.

James II

King of England, Scotland, and Ireland from 1685 to 1688, whose reign ended with the Glorious Revolution due to his Catholic faith.

New England

A region in the northeastern United States comprising six states: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.

James II

was the King of England, Ireland, and Scotland from 1685 to 1688, whose reign ended with the Glorious Revolution due to his attempts to reinstitute Catholic dominance in England.