An investment will pay $289,940 at the end of next year for an investment of $190,000 at the start of the year. If the market interest rate is 9% over the same period, should this investment be made?
A) No, because the investment will yield $82,840 less than putting the money in a bank.
B) Yes, because the investment will yield $66,272 more than putting the money in a bank.
C) Yes, because the investment will yield $74,556 more than putting the money in a bank.
D) Yes, because the investment will yield $82,840 more than putting the money in a bank.
Answer: D
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Which of the following statements about screening interviews is most accurate?
A) Remember that a screening interview is not as important as a face-to-face interview, so you can relax during it. B) Employers use screening interviews to determine whether a job applicant should move on to the next step in the interview process. C) To be effective, screening interviews must take place in person. D) Screening interviews are not widely used because they are time-consuming and costly.