The Present Value of $10,000 One Year in the Future

question 185

Multiple Choice

The present value of $10,000 one year in the future at a 6 percent interest rate is approximately

• A)$9,585.
• B)$9,434.
• C)$1,667.
• D)$10,060.

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Definitions:

Cervical Region

The area of the spine located in the neck, consisting of seven vertebrae labelled C1 through C7.

Dorsal Roots

Nerve roots that extend from the spinal cord and carry sensory neural signals to the spinal cord from the body.

Thoracic Region

The part of the spine that is located in the chest area, consisting of twelve vertebrae that are connected to the ribs.

Cutaneous Sensory

Refers to the sensory system related to the skin, responsible for detecting temperature, pressure, and pain.