Assume a Future Payment of $10,000

question 94

Multiple Choice

Assume a future payment of $10,000. If r = 0.2 and T = 5, then the present value of $10,000 is $____.

• A) 2,000
• B) 9,900
• C) 9,057.31
• D) 4,018.78

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Definitions:

Culture Theorists

Scholars and researchers who study the symbols, practices, and social structures that constitute cultures and how they change over time.

Culture Theory

A theoretical framework that studies the role of culture in shaping societies, behaviors, and consciousness, including the ways culture is developed, maintained, and transformed.

Multiracial Feminist Theory

an approach to feminism that recognizes the complex interplay of race, gender, class, and sexuality in the oppression and liberation of women, particularly women of color.

Post-Colonial Theory

An approach that examines the ways in which the colonial past has shaped the social, political, and economic experiences of a colonized country.