The Present Value of $4,000 to Be Received Each Year

question 72

Multiple Choice

The present value of $4,000 to be received each year for three years and earning a 10 percent return (rounded) is

• A)$11,120.
• B)$9,948.
• C)$9,822.
• D)$9,200.

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Definitions:

Sense of Self

The evolving perception an individual has about themselves, encompassing self-awareness, self-image, and self-esteem.

Negative Emotions

Feelings that are generally perceived as being unpleasant or harmful, such as sadness, anger, fear, or jealousy.

Emotional Well-being

The general state of being comfortable, healthy, or happy, but more specifically relating to the emotional quality and depth of an individual's life.

Unmarried People

Individuals who are not currently married, which can include those who are single, divorced, or widowed.