What Is the Present Value of a Payment of $2,000

question 134

Multiple Choice

What is the present value of a payment of $2,000 to be received two years from today if the interest rate is 5%?

• A)$2205
• B)$2200
• C)$1818.18
• D)$1814.06

---

Definitions:

Ethical Principle

Fundamental guidelines that influence decision making and conduct within a specific profession or context.

Restraint

Measures or practices used to restrict an individual's freedom of movement, primarily for safety reasons in healthcare and law enforcement contexts.

Geriatric Dosage

Adjusted medication dosages for elderly patients, considering factors like metabolism, organ function, and increased sensitivity to drugs.