If the Interest Rate Is 2

question 33

Multiple Choice

If the interest rate is 2.49 percent,then what is the present value of $5,000 to be received in 4 years?

• A)$4,531.52
• B)$4,878.52
• C)$5,124.50
• D)$5,516.91

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Definitions:

Language Acquisition Device

A theoretical construct in the field of linguistics that suggests an innate ability of humans to acquire language.

Noam Chomsky

Noam Chomsky is a renowned linguist, philosopher, and cognitive scientist known for his theory of generative grammar, which has had a profound impact on the study of language.

Zone of Proximal Development

A concept introduced by Lev Vygotsky that describes the difference between what a learner can do without help and what he or she can achieve with guidance and encouragement from a skilled partner.

Language Comprehension

The ability to understand spoken or written language and extract meaning from it.