Use the Present Value Table to Complete

question 17

Short Answer

Use the present value table to complete:
$$\begin{array} { | l | l | l | l | l | l | l | } \hline \text { Future } & & & & & & \\\text { Amount } & \text { Length of } & \text { Rate } & \text { Table } & \text { Rate } & \text { P.V. } & \text { P.V. } \\ \text { Desired } & \text { Time } & \text { Compounded } & \text { Period } & \text { Used } & \text { Factor } & \text { Amount } \\\hline \$ 11,000 & 6 \text { yrs } & 12 \% \text { quarterly } & \text { A } & \text { B } & \text { C } & \text { D } \\\hline\end{array}$$

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Definitions:

Iconic Memory

Iconic memory is the visual sensory memory register pertaining to the visual domain and a fast-decaying store of visual information.

Echoic Memory

A component of sensory memory that specifically stores auditory information, allowing sounds and words to be recalled within a few seconds after the sound is heard.

Short-term Memory

The capacity for holding a small amount of information in mind in an active, readily available state for a short period.

Sensory Store Memory

The shortest-term element of memory, which acts as a buffer for stimuli received through the senses.