The Question "How Long Will I Have to Wait to Reach

question 48

Multiple Choice

The question "How long will I have to wait to reach a certain future value?" is best answered by which form of the TVM equation?

• A)n = \(\frac { FV } { ( 1 + r ) ^ { n } }\)
• B)n = PV × (1 + r)ⁿ
• C)n = (FV/PV)^1/n - 1
• D)n = \(\frac { \ln ( \mathrm { FV } / \mathrm { PV } ) } { \ln ( 1 + \mathrm { r } ) }\)

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Definitions:

Develop

The process of growth or progression, often involving stages of natural, social, or economic changes and advancements.

Fight-Or-Flight Response

A physiological reaction that occurs in response to a perceived harmful event, attack, or threat to survival, preparing the body to either fight or flee.

Sympathetic Nervous System

A part of the autonomic nervous system that prepares the body for quick action in emergencies; "fight or flight" response.

Hypothalamic-Pituitary-Adrenal

A major part of the neuroendocrine system that controls reactions to stress and regulates many body processes including digestion, immunity, mood, sexuality, and energy usage.