Quaker State Inc

question 60

Multiple Choice

Quaker State Inc. offers a new employee a lump-sum signing bonus at the date of employment. Alternatively, the employee can take $8,000 at the date of employment plus $20,000 at the end of each of his first three years of service. Assuming the employee's time value of money is 10% annually, what lump sum at employment date would make him indifferent between the two options?

• A)$23,026.
• B)$57,737.
• C)$62,711.
• D)None of the above is correct.

---

Definitions:

Rouleaux Pattern

A condition where red blood cells stack up in a row, resembling a stack of coins, often observed in various blood disorders.

B Lymphocytes

White blood cells that form part of the immune system and are involved in the production of antibodies to combat infections.

Humoral Immunity

The aspect of immunity that is mediated by antibodies produced by B cells in response to external pathogens.

Specific Antibodies

Immune system proteins tailored to recognize and neutralize specific antigens, such as viruses or bacteria.