The Process of Figuring Out How Much an Amount That

question 48

Multiple Choice

The process of figuring out how much an amount that you expect to receive in the future is worth today is called

• A) discounting.
• B) multiplying.
• C) compounding.
• D) computing.

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Definitions:

Stimulus

An external event or factor that induces a response or reaction in an organism or in a system.

Developmental Psychologist

A specialist who studies the physical, cognitive, and social changes that occur throughout a person's lifespan.

Developmental Psychologist

A psychologist who studies the psychological growth and changes that occur throughout a person's life.

Life-Span Development

The study of how individuals grow, change, and age throughout the course of their life, from conception to death.