Using the Following Partial Table of Present Value of $1

question 22

Multiple Choice

Using the following partial table of present value of $1 at compound interest,compute the present value of $20,000 (rounded to nearest dollar) to be received one year from today,assuming an earnings rate of 15%.

• A)$17,400.
• B)$17,000.
• C)$20,000.
• D)$15,451.

---

Definitions:

Low Demand

Refers to a situation where the market's desire for a product or service is lower than the supply.

Low Value Items

Products or materials that have a relatively low cost or worth compared to other items in an inventory or catalogue.

Total Cost

The complete expense incurred for producing, maintaining, and selling a product or service, including fixed and variable costs.

Responsiveness

The ability of an organization, individual, or system to quickly and effectively adapt or react to changes, requests, or stimuli.