The Present Value of $5,000 to Be Received Each Year

question 28

Multiple Choice

The present value of $5,000 to be received each year for five years and earning an 8 percent return (rounded) is

• A) $19,965.
• B) $20,098.
• C) $22,270.
• D) $31,080.

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Definitions:

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A detailed explanation or instruction given in a logical sequence, breaking down a process into individual steps.

Trainee

An individual undergoing training in a particular field or job, often to gain necessary skills and knowledge.

Fear Messages

Communication strategies that use the threat of negative consequences to influence individuals' attitudes or behaviors.

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A meeting between the parents or guardians of a student and their teacher(s) to discuss the student's progress, behavior, and concerns.