You Expect to Receive $1,800 at the End of 5

question 22

Multiple Choice

You expect to receive $1,800 at the end of 5 years.What is the present value of this payment if the interest rate is 7.12 percent,compounded continuously?

• A)$1,271.64
• B)$1,276.20
• C)$1,269.41
• D)$1,257.78
• E)$1,260.85

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Definitions:

Theoretical Orientation

The philosophical stance or framework a therapist or researcher adheres to, influencing how they understand clients' issues and guide their practice.

Observable Behaviour

Actions or reactions of an individual that can be observed and measured, often used in behavioral psychology.

Behaviourism

Behaviourism is a psychological approach that emphasizes the study of observable behaviors and their environmental determinants, ignoring internal mental states.

Overcompensation

A psychological term referring to the process of making up for perceived deficiencies and weaknesses by emphasizing strengths or developing new abilities.