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The Present Value of £2,000 to Be Received Three Years

question 5

Multiple Choice

The present value of £2,000 to be received three years from now and earning a 12 per cent return is


Definitions:

Diagnostic Tool

Instruments, tests, or procedures used by healthcare professionals to identify or diagnose diseases, conditions, or disorders.

Psychosexual Stages

A theory in Freudian psychology that describes five stages of child development, each characterized by a focus on erogenous zones and a particular conflict that must be resolved to achieve healthy psychological development.

Freud

Sigmund Freud was an Austrian neurologist and the founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Oral Stage

An early phase in Freudian psychosexual development, during which an infant's pleasure centers are in the mouth.

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