When You're Writing an Application Letter to Accompany Your Résumé

question 88

Multiple Choice

When you're writing an application letter to accompany your résumé,

• A)use text-messaging jargon and emoticons to show that you're tech-savvy.
• B)remember that most employers won't bother to read it.
• C)use it as a free-form way to convey your career aspirations.
• D)treat it with same care that you took with your résumé.
• E)outline the job,benefits and salary range you are seeking.

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Definitions:

Required Rate

The Required Rate, often known as the required rate of return, is the minimum annual percentage earned by an investment that will induce individuals or companies to put money into a particular project or investment.

Cash Flows

The total amount of money being transferred into and out of a business, considered as the lifeblood of corporate finance.

Discounted Payback Period

The time it takes for the cash inflows from a capital investment project to equal the initial outlay, adjusted for the time value of money.

Initial Cost

The amount of money spent to acquire, or invest in, an asset or project before it begins generating revenue.