In Order to Receive $12,000 at the End of Three

question 76

Multiple Choice

In order to receive $12,000 at the end of three years and $10,000 at the end of five years,how much must be invested now if you can earn 14% rate of return?

• A) $8,100.
• B) $12,978.
• C) $13,290.
• D) $32,054.

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Definitions:

Deviant Label

The branding of behaviors or individuals that deviate from societal norms as wrong or abnormal, influencing how they are perceived and treated by others.

Tertiary Deviance

Redefining the stigma associated with a deviant label as a positive phenomenon.

W. I. Thomas

An influential sociologist known for the Thomas theorem which states "If men define situations as real, they are real in their consequences," highlighting the subjective nature of reality in social contexts.

Conflict Theorist

A sociologist or academic who explores how societal conflicts, often stemming from inequality and power disparities, contribute to social change and the structure of society.