What Is the Discount Factor for $1 to Be Received

question 109

Multiple Choice

What is the discount factor for $1 to be received in 5 years at a discount rate of 8%?

• A) .4693
• B) .5500
• C) .6000
• D).6806

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Definitions:

Overcoming

The act of successfully dealing with or gaining control of a problem, obstacle, or difficult situation.

Helping Profession

Encompasses career fields that are dedicated to improving the well-being and alleviating the suffering of others.

Persistent Reactions

Continuous or long-lasting responses to stimuli or events, often seen in the context of psychological conditions.

Critical Self-examination

A process of reflective thinking where an individual rigorously assesses their own thoughts, feelings, actions, and motives.