You Are Paid to Teach Classes for the University and Wonder

question 57

Multiple Choice

You are paid to teach classes for the university and wonder how much money the university makes from your graduate-level classes.Based on historical data,you determine that your summer classes for the next seven years will generate an average annual revenue of $93,850.If you discount these cash flows at an annual rate of 8.30%,what is the present value of the expected cash flows?

• A)$656,950.00
• B)$845,133.52
• C)$483,644.36
• D)$523,786.85

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Definitions:

Neurotransmitter

A neurotransmitter is a chemical substance that transmits signals across a synapse from one neuron to another in the nervous system.

Endocrine Glands

Glands in the body that secrete hormones directly into the bloodstream, regulating various bodily functions and processes.

Hormones

Chemical substances produced by glands in the endocrine system that regulate various bodily functions and behaviors by acting on specific target cells.

Reticular Formation

A network of neurons located in the brainstem that plays a central role in controlling arousal, wakefulness, and attention.