Examlex

Solved

You Want to Make Sure That You Will Get to Work

question 27

Multiple Choice

You want to make sure that you will get to work on time. You call a co-worker who is always punctual and ask her to meet you for coffee before work the next morning, because you know you'll be more likely to be on time if someone is waiting to meet you. You are using a strategy called:


Definitions:

Rate of Return

The percentage of net gain or loss on an investment over a specified time period.

Cash Flows

The total amount of money being transferred into and out of a business, particularly affecting the operational activities.

Annual Payment

A recurring payment made once a year for a variety of purposes, including loan repayments, leases, and annuities.

Perpetuity

A type of annuity that pays a fixed amount of money to an individual indefinitely, without a termination date.

Related Questions