How Much Would $20,000 Due in 50 Years Be Worth

question 163

Multiple Choice

How much would $20,000 due in 50 years be worth today if the discount rate were 7.5%?

• A) $438.03
• B) $461.08
• C) $485.35
• D) $510.89
• E) $537.78

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Definitions:

Develop Research Hypothesis

The process of formulating a specific, testable statement based on a theory to be examined in a study.

Independent Variable

The factor in a study or experiment that is intentionally altered to see its impact on the variable that is being measured.

Research Hypothesis

A specific, testable prediction about a presumed relationship between variables that the researcher seeks to investigate.