What Is the Present Value of a $775 Annuity Payment

question 130

Multiple Choice

What is the present value of a $775 annuity payment over six years if interest rates are 11 percent?

• A) $3,017.84
• B) $3,119.67
• C) $3,202.92
• D) $3,278.67

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Definitions:

Psychological Disorders

Patterns of behavioral or psychological symptoms that impact multiple areas of life and create distress for the person experiencing these symptoms.

Learning Approach

A theoretical perspective focusing on how individuals acquire new behaviors, skills, attitudes, or knowledge through interactions with their environment.

Abnormal Behaviors

are actions or behaviors that deviate significantly from what is considered typical or normal within a culture or society, often indicating a possible psychological disorder.

Psychoanalytic Model

A psychological framework which posits that human behavior is driven by unconscious desires, wishes, and conflicts, developed by Sigmund Freud.