What Present Amount Is Equivalent to $100 Received at the End

question 47

Multiple Choice

What present amount is equivalent to $100 received at the end of each year for 8 years, given an opportunity cost of 20%?

• A)$361.90
• B)$432.20
• C)$383.72
• D)$407.80
• E)419.30

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Definitions:

Resistance

A client’s unconscious defense strategies that prevent the person from gaining insight into their psychological problems.

Client-Centered Therapy

A psychotherapeutic approach developed by Carl Rogers focusing on providing a supportive environment allowing clients to lead their own therapy process.

Nondirective

A therapeutic approach in which the counselor or therapist provides support and guidance but does not give direct advice or instructions to the client.

Insight Therapies

Insight Therapies focus on increasing a patient's awareness of underlying psychological problems and motivations to facilitate change and personal growth.