Select the Best Description for the Following

question 6

Multiple Choice

Select the best description for the following:
-Utility cost

• A)Fixed cost
• B)Variable cost
• C)Dependent variable
• D)Independent variable
• E)Variable rate
• F)Cost equation

---

Definitions:

Future Value

The predicted value of an investment or asset at a specified future date, considering factors like interest rates or returns, often used in financial planning and analysis.

Stated Rate of Interest

The annual interest rate declared on a financial instrument, not accounting for compounding or fees.

Investment

The act of allocating resources, usually money, with the expectation of generating an income or making a profit.

Present Value

The valuation in current terms of a future amount of money or cash inflows, using a specified rate of return.