The Present Value of $400 to Be Received at the End

question 49

Multiple Choice

The present value of $400 to be received at the end of 10 years, if the discount rate is 5%, is [blank].

• A)$400.00
• B)$248.40
• C)$313.60
• D)$245.60

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Definitions:

Six Sigma

A systematic approach and methodology aimed at reducing defects and improving quality in manufacturing and business processes to achieve near perfection.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the values differ from the mean of the set.

Kaizen

A Japanese term meaning "change for the better" or "continuous improvement", often applied in business contexts to denote ongoing, incremental improvement processes.

Continuous Improvement

An ongoing effort to enhance products, services, or processes through incremental and breakthrough improvements.