The Future Value of $100 Received Today and Deposited at 6

question 32

Multiple Choice

The future value of $100 received today and deposited at 6 percent for four years is: (Round to the nearest whole dollar)

• A) $126
• B) $79
• C) $124
• D) $116
• E) $106

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Definitions:

Autism

A developmental disorder characterized by challenges with social interaction, communication, and by restricted and repetitive behavior.

Infantile Amnesia

The inability of adults to retrieve episodic memories (memories of situations or events) from before the age of two to four years.

Egocentrism

A concept in developmental psychology referring to an individual's inability to differentiate between their own perspective and that of others, often observed in children.

Object Permanence

The realization that objects still exist even when they are not visible, audible, or detectable by any other senses.