The Present Value of the $50 That Will Be Received

question 44

Multiple Choice

The present value of the $50 that will be received next year is $40.What is the interest rate?

• A)10 percent
• B)8 percent
• C)20 percent
• D)50 percent
• E)25 percent

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Definitions:

Exterminating

The act of completely removing or eradicating something, often used in contexts of pests or dangerous elements.

Prejudice

Preconceived opinions or judgments about individuals or groups without sufficient knowledge, often rooted in stereotypes, leading to unfair treatment.

Discrimination

The behavioural expression of prejudice.

Attitude

(a) A relatively enduring organization of beliefs, feelings, and behavioral tendencies towards socially significant objects, groups, events, or symbols. (b) A general feeling or evaluation – positive or negative – about some person, object, or issue.