If You Knew That an Investment Was Going to Pay

question 84

Multiple Choice

If you knew that an investment was going to pay you $1,188,757 in 20 years,and you knew that the annual interest rate over that time would be 2 percent,you could calculate the present value to be:

• A) $1,000,000.
• B) $1,500,000.
• C) $905,000.
• D) $800,000.

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Definitions:

Deep Heat Penetration

The process by which heat is transferred deeply into the tissues of the body, commonly used in therapeutic treatments.

Chronic Illness

Long-term health conditions that persist for a year or more, requiring ongoing medical attention and/or limiting daily activities.

Recovery Team

A group of healthcare professionals and specialists dedicated to helping patients rehabilitate and recover from illness, injury, or surgery.

Crutch Palsy

A condition that involves nerve damage or paralysis resulting from the improper or prolonged use of crutches.