Which of the Following Is Greater (Answers Rounded to the Nearest

question 17

Multiple Choice

Which of the following is greater (answers rounded to the nearest cent) ?

• A)An ordinary annuity of $100.00 per year for three years discounted at 10% per year
• B)A present value of $248.69
• C)A future value of $331.00 three years from today,given an interest rate of 10% per year
• D)You would be indifferent to the three choices since they all have the same present value when using an interest rate of 10% per year.

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Definitions:

Global Work Force

Refers to the international labor pool of workers, enabling companies to draw employees from around the globe for diverse and skilled talent.

Open Mind

The willingness to consider or accept new and different ideas or opinions.

Negative Attitude

A habitual disposition to perceive and react to situations, people, or objects in a pessimistic or discouraging manner.