Mike Gordon wishes to have $80,000 in five years. If he can earn an annual interest of 2%, how much must he invest today?

A. $42,170
B. $74,280
C. $76,080
D. $88,230

Ans: B. $74,280

Business

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Riparian rights generally:

a. are detailed in the trust deed b. concern the use of moving water from a river or stream within the watershed c. are detailed in the public records of all counties affected by surface waters d. are absolute and universal

Business

The two-step flow supports the notion that consumption styles are primarily influenced by a "trickle-down" or "trickle-up" effect from mass media

Indicate whether the statement is true or false

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