The Net Present Value of $100 to Be Received One

question 28

Multiple Choice

The net present value of $100 to be received one year from now will

• A) increase if the interest rate rises.
• B) increase if the payment is delayed until two years from now.
• C) be greater than the net present value of $95 to be received one year from now.
• D) be greater than the value of having $95 now if the interest rate is 10 percent.

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Definitions:

V or Z Codes

Codes used in diagnostic systems like the DSM to indicate factors that influence health status but are not in themselves illnesses.

Cattell Classification

A scheme for categorizing human cognitive abilities proposed by psychologist Raymond Cattell.

1942 MMPI

Refers to the original version of the Minnesota Multiphasic Personality Inventory, a standardized psychometric test of adult personality and psychopathology published in 1942.

Diagnostic Codes

Diagnostic codes are standardized numerical or alphanumeric codes used to identify specific health disorders and conditions for diagnostic, billing, and coding purposes.