You Are Going to Pay $800 into an Account at the Beginning

question 74

Multiple Choice

You are going to pay $800 into an account at the beginning of each of 20 years. The account will then be left to compound for an additional 20 years. At the end of the 41st year you will begin receiving a perpetuity from the account. If the account pays 14%, how much will you receive each year from the perpetuity (round to nearest $1.00) ?

• A) $140,112
• B) $150,360
• C) $159,728
• D) $182,090

Acknowledge the importance of supply availability in directing research efforts.

Understand the purpose and methods of purchasing process benchmarking.

Grasp the focus areas of supply management research for enhancing process efficiency.

Appreciate the role and management of cross-functional teams in supply research.

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Definitions:

Position

Refers to the location of an element or feature in a manufactured part, often defined in terms of coordinates or relation to other features.

Actual Size

Actual size refers to the true dimensions of an object or part, without any allowances, tolerances, or scaling applied.

Size Limits

Refers to the maximum and minimum dimensions allowable for a manufacturing part or material.

Characteristic Symbol

A symbol assigned to specific features in technical drawings or diagrams to represent the type of characteristic or tolerance specified.