A Perpetuity of $5,000 Per Year Beginning Today Is Said

question 17

Multiple Choice

A perpetuity of $5,000 per year beginning today is said to offer a 15% interest rate. What is its present value?

• A) $33,333.33
• B) $37,681.16
• C) $38,333.33
• D)$65,217.39

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Definitions:

Conventional Gender Socialization

The process through which individuals learn societal norms and behaviors considered appropriate for their assigned gender from cultural, familial, and educational institutions.

Functionalists

Scholars or theorists who view society as a complex system whose parts work together to promote solidarity and stability.

Innate Masculine

A concept or belief in traits or qualities considered inherently or naturally associated with being male.

Social Constructionism

The theory that argues many aspects of the social world are created through collective human agreement and that our understanding of reality is shaped through social interactions.