What Single Payment One Year from Now Will Satisfy Two

question 38

Multiple Choice

What single payment one year from now will satisfy two obligations: $4,000 due today and $6,000 due 18 months from now? Assume that money can earn 14%.

• A) $5,083.74
• B) $5,000.00
• C) $10,980.00
• D) $10,167.48
• E) $5,490.00

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Definitions:

Ambulating

The act of walking or moving from one place to another, often used in a medical or rehabilitation context.

Objective Data

Information gathered through observation or measurement that is not influenced by personal feelings or opinions.

Blood Pressure

The force exerted by circulating blood against the walls of the body's arteries, essential for maintaining life by transporting oxygen and nutrients to tissues.

Pain Scale

A tool used in healthcare to measure a patient's pain intensity, often ranging from 0 (no pain) to 10 (worst possible pain).