If the Present Value of $480 to Be Paid at the End

question 59

Multiple Choice

If the present value of $480 to be paid at the end of one year is $400, what is the one-year discount factor?

• A) 0.8333
• B) 1.20
• C) 0.20
• D) None of the above

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Definitions:

Dominant Genes

Genetic traits that are expressed in the phenotype even when only one copy is present, overshadowing recessive genes.

Recessive Genes

Genes that are expressed in offspring only when inherited from both parents, as opposed to dominant genes, which are expressed when inherited from just one parent.

Genetically Inherited Factors

Characteristics and traits passed from parents to offspring through their genes.

Conj

Short for "conjunction," it is a logical connector indicating that two statements, terms, or conditions must be true simultaneously.