Compute the Present Value of a $2,500 Deposit in Year

question 79

Multiple Choice

Compute the present value of a $2,500 deposit in year 4 and another $10,000 deposit at the end of year 8 if interest rates are 15 percent.

• A) $4,211.26
• B) $4,572.19
• C) $4,698.40
• D) $4,901.57

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Definitions:

Researchers

Individuals who conduct studies and systematic investigations with the aim of acquiring new knowledge and understanding in various scientific, academic, or social contexts.

Biopsychosocial Model

A model of health that integrates the effects of biological, behavioral, and social factors on health and illness.

Health Psychology

A field that integrates research on health and on psychology; it involves the application of psychological principles to promoting health and well-being.

Behavior

is the range of actions and mannerisms made by individuals, organisms, systems, or artificial entities in conjunction with themselves or their environment.