If $8000 Is Invested in a Certain Business at the Start

question 31

Multiple Choice

If $8000 is invested in a certain business at the start of the year, the investor will receive $2400 at the end of each of the next four years. What is the present value of this business opportunity if the interest rate is 6% per year?

• A) $158.13
• B) $316.25
• C) $379.50
• D) $506.00

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Definitions:

Cool-Out

A strategy used to gently persuade someone who has failed or is unable to achieve a certain goal to accept a less desirable but still reasonable outcome without feeling embarrassed or disappointed.

Managed Impression

Intentional efforts to control or influence other people's perceptions about oneself or a situation.

Solemn Explanation

A serious and thorough clarification or interpretation of a subject or event.

Cues of Deceit

Observable signs or indicators that may suggest an individual is lying or being deceptive.