Determine the Final Value Of $440\left[\frac{1-\frac{1}{(1-.075)^{23}}}{.04}\right\rfloor$ A) 12,81455
B) -40,321

question 251

Multiple Choice

Determine the final value of $440\left[\frac{1-\frac{1}{(1-.075) ^{23}}}{.04}\right\rfloor$

• A) 12,814.55
• B) -40,321.87
• C) -55,089.56
• D) -78,921.47
• E) 98,921.54

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Definitions:

Attitudes

Cognitive biases that result in the assessment of a specific something with varying levels of approval or disapproval.

Foot-in-the-door Technique

A persuasion strategy that involves getting a person to agree to a large request by first setting them up to agree to a modest request.

Donation

The act of giving something, often money or goods, voluntarily to a cause or individual without expecting anything in return.

Cognitive Dissonance Theory

A psychological theory suggesting that individuals experience discomfort when holding two or more contradictory beliefs, leading them to alter attitudes or behaviors.