Given a Present Value Factor of 3

question 61

Multiple Choice

Given a present value factor of 3.7907, assuming a 10% discount rate, the present value of an annuity of $20,000 payment each year for five years is

• A)$5,276.
• B)$26,380.
• C)$75,814.
• D)$379,070.

Understand the different types of attachment and their characteristics.

Recognize the impact of social media and online communication on social well-being.

Analyze factors that contribute to the adjustment of children in stepfamilies and divorced families.

Understand the outcomes of high-quality vs. low-quality out-of-home care on children's development.

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Definitions:

One-way ANOVA

A statistical test used to compare the means of three or more independent groups to see if there is a significant difference between them.

Midwest

A geographical region of the United States generally including states in the central, northern part of the country.

Alternative Hypothesis

A hypothesis that proposes a specific relationship between variables, suggesting that there is an effect or a difference that is in contrast to the null hypothesis.

One-way ANOVA

A statistical technique that compares the means of three or more independent (unrelated) groups to determine if at least two of them differ significantly.