You Want to Have $100,000 in Five Years

question 122

Multiple Choice

You want to have $100,000 in five years.If the interest rate is 8 percent,about how much do you need to have today?

• A)$66,225.25
• B)$67,556.42
• C)$68,058.32
• D)$71,428.57

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Definitions:

Organismic Impulses

Intrinsic inclinations or drives within an organism that guide behavior or responses to certain stimuli or needs.

Completion

The act or process of finishing something, bringing it to an end or to a state of completion.

Emotion-Focused

Pertains to approaches in therapy and psychology that prioritize the role of emotion in human behavior and the therapeutic process.

Couple Therapy

A form of psychotherapy aimed at helping partners in a relationship resolve conflicts, improve communication, and strengthen their relationship.