You expect to receive $800 at the end of each of the next twenty years. What is the present value of the stream of payments if the interest rate is 12%?

A) $5,975.55
B) $5,892.62
C) $6,049.60
D) $6,054.63
E) $5,619.80

A

Business

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To accurately determine the financial performance of a company, it is necessary to compare performance ________

A) with a competing company B) to the budget C) with companies in different industries D) only with profitable companies

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Which of the following is a common use of a persuasive message?

A) To increase supplier obligations B) To discourage non-routine results C) To enforce more efficient operating procedures D) When requiring cooperation from other departments E) When requesting action

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