You Have an Investment That Will Mature in 20 Months

question 108

Multiple Choice

You have an investment that will mature in 20 months with the value of $2500. You need some quick cash and decide to sell it today at a discount rate of 10% compounded quarterly. What is the cash value?

• A) $659.23
• B) $2009.63
• C) $2120.54
• D) $2299.63
• E) $2219.63

---

Definitions:

Computer-mediated

Communication or interaction that occurs through the use of computers and the internet, facilitating exchanges not constrained by geographical location.

Self-help Group

A self-help group consists of people who share the same problem or concern and who meet regularly to discuss their experiences, share support, and offer each other advice.

Treatment

The application of remedies, therapies, or interventions to cure or manage diseases, conditions, or disorders.

Online Groups

Communities or assemblies of individuals who interact with each other primarily through the internet, for social, professional, or interest-based activities.