Assuming the Interest Rate Is 5 Percent,which of the Following

question 66

Multiple Choice

Assuming the interest rate is 5 percent,which of the following has the greatest present value?

• A)$240 paid in three years
• B)$225 paid in two years
• C)$210 paid in one year
• D)$200 today

---

Definitions:

False Confessions

Voluntarily or involuntarily admitting to a crime that one did not commit, often due to external pressures during interrogation.

Interrogation

The act of asking questions, often in a formal or aggressive manner, to obtain information.

Teenage Depression

A serious mental health condition affecting adolescents, characterized by persistent feelings of sadness, hopelessness, and loss of interest in activities.

Culture

The collective beliefs, customs, and behaviors of a group or society.