Shelley Won a Lottery and Will Receive $1,000 a Year

question 26

Multiple Choice

Shelley won a lottery and will receive $1,000 a year for the next ten years.The value of her winnings today discounted at her discount rate is called which one of the following?

• A)single amount
• B)future value
• C)present value
• D)simple amount
• E)compounded value

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Definitions:

Inherited Predispositions

Genetic tendencies or traits that influence behavior, personality, and physical attributes.

Biological Approach

An approach in psychology focusing on genetic, neurological, and physiological explanations for behavior and mental processes.

Aggressive Behavior

Actions that can cause physical or emotional harm to others, or the intention to dominate, hurt or damage something or someone.

Social Skills

The ability to interact effectively with others in various social contexts.