In Which of the Following Instances Is the Present Value

question 2

Multiple Choice

In which of the following instances is the present value of the future payment the largest?

• A)You will receive $1,000 in 5 years and the annual interest rate is 5 percent.
• B)You will receive $1,000 in 10 years and the annual interest rate is 3 percent.
• C)You will receive $2,000 in 10 years and the annual interest rate is 10 percent.
• D)You will receive $2,400 in 15 years and the annual interest rate is 8 percent.

---

Definitions:

Fair Deal

An agreement or transaction that is considered equitable and just to all parties involved.

True Objections

Genuine concerns or issues raised by a prospect that can potentially block a sale, requiring direct attention and resolution.

Technology Integration

The coherent incorporation of technological tools into a business, educational setting, or daily activities to enhance functionality and efficiency.

Closing Sales

The final step in the sales process where the seller successfully secures a commitment to purchase from the buyer.