The Present Value of $121,000 Expected One Year from Today

question 61

Multiple Choice

The present value of $121,000 expected one year from today at an interest rate (discount rate) of 10 percent per year is:

• A)$121,000.
• B)$100,000.
• C)$110,000.
• D)$108,900.

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Definitions:

Environmental Factors

External elements such as climate, pollution, and social settings that can influence an individual's development and health.

Genetic Factors

Components of an organism's genetic makeup that influence its characteristics, traits, and predispositions to certain conditions or behaviors.

Big Five Traits

The Big Five personality traits model outlines five broad dimensions of human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism, believed to encompass the spectrum of human personality.

Heritability

The proportion of variation among individuals that can be attributed to genetic factors, often used in the context of traits or behaviors.