Future Values Are

question 28

Multiple Choice

Future values are:

• A)the inverse of present values.
• B)amounts that can be borrowed today in exchange for future payment.
• C)the negative of present values.
• D)are the annuity values divided by the number of years.

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Definitions:

Spotlight Effect

The tendency to overestimate the extent to which one's actions and appearance are noted by others.

Inferiority Complex

A psychological condition that exists when a person feels inferior to others in some way, leading to lowered self-esteem and confidence.

Weak Superego

A term in Freudian psychoanalysis referring to an underdeveloped superego, which results in difficulty controlling impulses and adhering to societal norms and morals.

Reality Principle

In psychoanalytic theory, it is the counterbalance to the pleasure principle, guiding behavior to consider the external world and act in realistic ways.