Which of the Following Is the Correct Expression for Finding

question 155

Multiple Choice

Which of the following is the correct expression for finding the present value of a $500 payment two years from today if the interest rate is 6 percent?

• A)$500/(1.06)²
• B)$500 − 500(1.06)²
• C)$500/(1.02)⁶
• D)$500*(1.06)²

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Definitions:

Personality Psychology

The study of individual differences in characteristic patterns of thinking, feeling, and behavior.

Internal Factors

Elements within an organization or individual that influence behavior, choices, and actions, such as values, expectations, and personal drive.

Genetic Factors

Elements within an organism's genetic makeup that influence its physical and behavioral characteristics.

Behaviour

The way an individual or system behaves or responds to outside or inside triggers.