Taking a Course in Computer Repair Will Increase an Individual's

question 35

Multiple Choice

Taking a course in computer repair will increase an individual's yearly income by $10,000 per year,starting the year after the course is completed.After three years,the skills learned will be obsolete.What is the present value of taking the course if the interest rate is 8 percent (0.08) per year?

• A)$1,248.29
• B)$10,356.65
• C)$25,770.97
• D)$30,000.00
• E)none of the above

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Definitions:

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A measure of association between an exposure and an outcome, representing the odds that an event will occur given the exposure vs. the odds of the event occurring without the exposure.

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A statistical method used for estimating the relationships among variables, particularly the relationship between a dependent variable and one or more independent variables.