The Present Value of $100

question 75

Multiple Choice

The present value of $100.00 expected two years from today at a discount rate of 6% is:

• A)$112.36.
• B)$106.00.
• C)$100.00.
• D)$89.00.

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Definitions:

Divergent Intelligence

A cognitive trait characterized by the ability to think in varied, unique, and unconventional ways to solve problems.

Convergent Intelligence

Refers to the ability to apply logical reasoning and problem-solving skills to arrive at correct solutions, blending various pieces of information towards a common goal.

Organism's Behavior

The various movements, actions, and reactions of an organism in response to its environment, often aimed at survival and reproduction.

Learning

Relatively persistent or even permanent change in behavior that results from experience.