The Present Value of Annuity Payments Made Far into the Future

question 16

Multiple Choice

The present value of annuity payments made far into the future is

• A) worth very little today.
• B) worth much more today.
• C) valued as having no time value of money.
• D) valued as worthless as their value is not determinable.

---

Definitions:

Confabulation

A memory disturbance in which an individual produces fabricated, distorted, or misinterpreted memories about oneself or the world, without the intention to deceive.

Korsakoff's Syndrome

A long-term memory condition resulting from a significant shortage of thiamine (vitamin B1), commonly linked to excessive alcohol consumption.

Eyewitness Identification

A process in criminal justice systems where victims or witnesses identify suspects through line-ups, photo arrays, or show-ups.

Recognition

The identification of a thing or person from previous encounters or knowledge.