If the Single Amount of $5,000 Is to Be Received

question 85

Multiple Choice

If the single amount of $5,000 is to be received in 3 years and discounted at 6%, its present value is

• A) $4,198.10.
• B) $4,717.30.
• C) $4,450.00.
• D) $4,395.45.

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Definitions:

Low-Dose X-Ray

An imaging technique that uses a small amount of radiation to capture pictures of the inside of the body.

Breast

A pair of glands on the chest of female mammals that secrete milk for feeding their young.

Radionuclides

Substances with an unstable nucleus that release radiation during their decay to a stable form.

Nuclear Magnetic Resonance

A physical phenomenon in which nuclei in a magnetic field absorb and re-emit electromagnetic radiation, used in imaging and spectroscopy.