Postformal Thought in Which an Individual Understands That Knowledge Depends

question 83

Short Answer

Postformal thought in which an individual understands that knowledge depends on the subjective perspective of the knower is referred to as _____ thinking.

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Definitions:

Discounted

The process of determining the present value of a future amount by applying a discount rate.

Present Value

The current value of a future sum of money or stream of cash flows, discounted at a specified rate of return.

Present Value

The current worth of a future sum of money or stream of cash flows, given a specified rate of return or discount rate.

Discounting

The process of determining the present value of future cash flows by applying a discount rate.