If the Interest Rate Is 10 Percent, the Net Present

question 80

Multiple Choice

If the interest rate is 10 percent, the net present value of $500 to be received one year from now is

• A) $413.22.
• B) $450.
• C) $454.55.
• D) $500.

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Definitions:

Miracle Question

A technique used in therapy where clients are asked to imagine how their life would change if a miracle happened overnight and their problem was solved.

Solution Focused Counseling

A type of therapy focused on harnessing a client's strengths and resources to find solutions rather than dwelling on past problems.

Drug Abstinence Management

Strategies and approaches aimed at supporting individuals in avoiding the use of substances they are addicted to or dependent on.

Motivation Enhancement

A therapeutic technique designed to increase an individual's motivation to change behavior by exploring and resolving ambivalence.