$550 Two Years from Today

question 19

Multiple Choice

$550 two years from today. Which of the following is correct?

• A) 1 has the lowest present value and 3 has the highest.
• B) 2 has the lowest present value and 1 has the highest.
• C) 3 has the lowest present value and 2 has the highest.
• D) None of the above is correct.

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Definitions:

Fourth Root

A number that when raised to the fourth power yields the original number; it is the square root of the square root.

Inversely

Describes a relationship where one quantity increases as another decreases at a consistent rate, often used in proportion and inverse variation contexts.

Sixth Root

The sixth root of a number is the value that, when multiplied by itself five more times, gives the original number.

Constant of Proportionality

The fixed value that relates two proportional quantities.