Discounting Refers Directly to

question 53

Multiple Choice

Discounting refers directly to

• A)finding the present value of a future sum of money.
• B)finding the future value of a present sum of money.
• C)calculations that ignore the phenomenon of compounding for the sake of ease and simplicity.
• D)decreases in interest rates over time,while compounding refers to increases in interest rates over time.

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Definitions:

Generalized Anxiety Disorder

a chronic disorder characterized by excessive, long-lasting anxiety and worry about nonspecific life events, objects, and situations.

Phobias

An intense, irrational fear of specific objects, activities, or situations.

Generalized Anxiety Disorder

A mental health disorder characterized by persistent and excessive worry about a number of different things.

Obsessive-Compulsive Disorder

A mental health disorder characterized by recurrent, unwanted thoughts (obsessions) and repetitive behaviors (compulsions) that the individual feels driven to perform.