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Exam PgMP topic 1 question 79 discussion

Actual exam question from PMI's PgMP
Question #: 79
Topic #: 1
[All PgMP Questions]

An organization is considering a new program. The program has a cost of $1,950,000 and will last for three years. What is the minimum future value this organization should expect to receive from this program if it is initiated and the rate of return is six percent?

  • A. $2,322,481
  • B. $1,950,000
  • C. $2,067,000
  • D. $1,950,001
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Suggested Answer: A 🗳️

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Nugi
4 months, 2 weeks ago
Selected Answer: A
Future Value (FV) = Present Value * (1 + r)n = 1,950,000 * (1+0.06)^3 = 2,322,481
upvoted 1 times
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UHS
10 months, 1 week ago
1,950,000*(1+0.06)^3
upvoted 1 times
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