What Is the Present Value of $150 Acquired in 2

question 5

Multiple Choice

What is the present value of $150 acquired in 2 years with a discount rate of 2% (approximately) ?

• A)$156
• B)$150
• C)$144
• D)$130

---

Definitions:

Literacy

The ability to read, write, and understand text, which enables communication and access to information.

Generalize

The cognitive process of extracting common properties from specific examples to form a general concept or conclusion.

Central Asia

Central Asia is a region located primarily in the center of the Asian continent, encompassing countries such as Kazakstan, Uzbekistan, Tajikistan, Kyrgyzstan, and Turkmenistan, known for its cultural and historical crossroads.

Conceptual

Related to or based on mental concepts, often used in contrast with empirical or direct observation.