If You Knew That an Investment Was Going to Pay

question 89

Multiple Choice

If you knew that an investment was going to pay you $1,188,757 in 20 years, and you knew that the annual interest rate over that time would be 2 percent, you could calculate the present value to be:

• A)$1,000,000.
• B)$1,500,000.
• C)$905,000.
• D)$800,000.

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Definitions:

Sociologists

Scholars or professionals who study social behavior, structures, and systems and their impact on human interactions and societal development.

Health

A state of physical, mental, and social well-being, not merely the absence of disease or infirmity.

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A state of being comfortable, healthy, or happy.

Bodily Cleansing

Practices intended to remove toxins and improve health, including diets, fasting, and detoxification rituals.