Following is TMV question. Every TMV questions and calculations are simple and easy to remember but i still sometimes get confused of English problem that lead to go very wrong direction though the test is simple.
This is the case:
Justin Banks just won the lottery and is trying to decide between the annual flow payment option or the lump sum option. He can earn 8% at the bank and the annual cash flow option is 100,000$/year, beginning today for 15 years. What is the annual CF option worth to Banks today?
a/ 855,947.87$
b/ 1,500,000.00$
c/ 924,423.70$
d/ 1,080,000.00$
How can you Vietnamese choose the answer for this simple question test? The reason i take this example is to check yr Eng understanding skill in reading question
This is the case:
Justin Banks just won the lottery and is trying to decide between the annual flow payment option or the lump sum option. He can earn 8% at the bank and the annual cash flow option is 100,000$/year, beginning today for 15 years. What is the annual CF option worth to Banks today?
a/ 855,947.87$
b/ 1,500,000.00$
c/ 924,423.70$
d/ 1,080,000.00$
How can you Vietnamese choose the answer for this simple question test? The reason i take this example is to check yr Eng understanding skill in reading question