Given an interest rate of 0%, the present value of $1,500 to be received 5 years in the future is less than $1,500
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: PV = = = $1,500.
Business
You might also like to view...
A category of ethnographic research used to observe consumers in a natural context in virtual and mobile spaces is referred to as ________
A) interethnography B) netnography C) microethnography D) macroethnography E) demography
Business
Brand ________ answers the question "What should my brand stand for?"
A) personality B) positioning C) alliance D) knowledge E) architecture
Business
In the sales and operations planning process, the options to influence demand adopt a ______ approach to match supply with demand.
A. reactive B. proactive C. passive D. responsive
Business
The fiber optics copying process involves the use of plain paper
Indicate whether the statement is true or false.
Business