Compare the Economic Values of Two Options Given an Annual

question 268

Multiple Choice

Compare the economic values of two options given an annual rate of 8.5%. Option 1 - $900 in 60 days and $1,200 in 180 days. Option 2 - $925 in 90 days and $1,050 in 120 days. Given the following information, choose the best option.

• A) Option 1 - benefit of $111.85
• B) Option 1 - benefit of $138.45
• C) No difference between options
• D) Option 2 - benefit of $111.85
• E) Option 2 - benefit of $138.45

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Definitions:

Anxiety Disorders

Mental health disorders characterized by significant anxiety or fear that interferes with normal functioning.

Panic Disorder

A mental health condition characterized by sudden, repeated episodes of intense fear or terror that reach a peak within minutes.

Intense Fear

A profound feeling of dread or terror, often with a strong desire to escape the situation causing it.

Borderline Personality Disorder

A mental health disorder characterized by unstable moods, behavior, and relationships, often stemming from a prolonged sense of insecurity and inadequacy.