If the Present Value of $1

question 69

Multiple Choice

If the present value of $1.00 received n years from today at an interest rate of r is 0.3855, then what is the future value of $1.00 invested today at an interest rate of r% for n years?

• A) $1.3855
• B) $2.594
• C) $1.70
• D) Not enough information to solve the problem

---

Definitions:

Monozygotic Twins

Twins that result from one fertilized egg splitting and developing into two embryos, genetically identical.

Dizygotic Twins

Twins conceived by the union of two different ova (or a single ovum that has split) with two different sperm cells; also called fraternal twins; they are no more alike genetically than any other siblings.

Concordance

The agreement or compatibility between traits, beliefs, or values among individuals or in data, often used in genetics and psychology to measure similarity.

Canalization

Limitation on variance of expression of certain inherited characteristics.