Which of the Following Amounts Is Closest to the Net

question 57

Multiple Choice

Which of the following amounts is closest to the net present value of a project that contributes $10,000 at the end of the first year and $5,000 at the end of the second year. The initial cost is $8,000 and the appropriate interest rate is 10%.

• A) $5,223
• B) $5,951
• C) $7,000
• D) $21,223
• E) $23,000

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Definitions:

Specific Phobia

An intense, irrational fear of a specific object, situation, or activity that is actively avoided or endured with extreme anxiety.

Specifiers

Are additional descriptors used in psychiatric diagnosis to provide a more comprehensive picture of the disorder.

Biological Preparedness

The concept that organisms are inherently inclined to form associations between certain stimuli and responses, facilitating the learning process.

Seligman

A psychologist known for his work in positive psychology and theories related to learned helplessness and optimism.