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
Business