Much Would $20,000 Due in 50 Years Be Worth Today

question 49

Multiple Choice

much would $20,000 due in 50 years be worth today if the discount rate were 7.5%?

• A)$438.03
• B)$461.08
• C)$485.35
• D)$510.89
• E)$537.78

---

Definitions:

Handicapped

Refers to individuals with physical or mental impairments that substantially limit one or more major life activities.

Workers' Compensation

A form of insurance providing wage replacement and medical benefits to employees injured in the course of employment.

Negligent

Failing to take proper care in doing something, resulting in damage or harm to another person.

Employer

An individual or organization that hires and pays people to work on its behalf, usually in return for a salary or wages.