Using the Following Partial Table of Present Value of $1

question 125

Multiple Choice

Using the following partial table of present value of $1 at compound interest, determine the present value of $50,000 to be received 3 years hence with earnings at the rate of 12% a year: $$\begin{array} { l l l l } \text { Year } & 6 \% & 10 \% & 12 \% \\\hline 1 & 0.943 & 0.909 & 0.893 \\2 & 0.890 & 0.826 & 0.797 \\3 & 0.840 & 0.751 & 0.712 \\4 & 0.792 & 0.683 & 0.636\end{array}$$

• A) $37,550
• B) $31,800
• C) $35,600
• D) $39,850

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Definitions:

Sleep Deprivation

The condition of not having enough sleep, which can adversely affect brain function and physical health.

Cognitive Impairment

Difficulties in processing information, including problems with memory, language, thinking, or judgment.

Sleep Deprivation

The condition of not having enough sleep, which can affect several aspects of health, including mood, cognitive functions, and physical well-being.

Moderate Amount

A quantity or degree that is neither excessively large nor too small, but rather within a reasonable or average range.