If the One-Year Discount Factor Is 0

question 96

Multiple Choice

If the one-year discount factor is 0.8333, what is the discount rate (interest rate) per year?

• A)10 percent
• B)20 percent
• C)30 percent
• D)40 percent

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Definitions:

Emotional Shape

The current state or condition of one's emotional well-being and emotional resilience.

Career Goals

Long-term professional objectives or aspirations that an individual wishes to achieve in their career.

Middle Adulthood

A stage of life typically ranging from about age 40 to 65, characterized by stability, maturity, and an increased focus on personal and professional achievement.

Later Adulthood

Refers to the stage of life typically after middle age, where individuals experience aging and its related physical, cognitive, and social changes.