At Which Interest Rate Is the Present Value of $95

question 210

Multiple Choice

At which interest rate is the present value of $95.40 one year from today equal to $90 today?

• A)4 percent
• B)5 percent
• C)6 percent
• D)7 percent

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Definitions:

Defense Mechanisms

Psychological strategies that are unconsciously used to protect a person from anxiety arising from unacceptable thoughts or feelings.

Unconscious

The part of the mind that contains thoughts, memories, and desires not within the current awareness.

Abnormal

Differing from the norm or average, typically in a way that is undesirable or worrying, particularly in the context of behaviors, conditions, or occurrences.

Health to Use

There could be a misinterpretation or typo; this term does not have a recognized definition in the health or psychological fields.