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PGMP · Question #284
PGMP Question #284: Real Exam Question with Answer & Explanation
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Strategic Program Management
Question
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?
Options
- A$2,322,481
- B$1,950,000
- C$2,067,000
- D$1,950,001
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Topics
#Future Value#Time Value of Money#Investment Appraisal#Program Financial Management