Katlyn needs to invest $5,318 today in order for her savings account to be worth $8,000 six years from now. Which one of the following terms refers to the $5,318?

Under an ex works contract, all the costs connected with transportation are the responsibility of the seller

Indicate whether the statement is true or false

This formula for calculating profit sharing awards gives the employees a higher percentage of the profits as the profits increase

A) fluctuating first-dollar-of-profits B) differed first-dollar-of-profits C) graduated first-dollar-of-profits D) fixed first-dollar-of-profits