If the Interest Rate Is Positive, the Present Value of $1000

question 5

Multiple Choice

If the interest rate is positive, the present value of $1000 to be received in ten years is

• A)less than $1000.
• B)greater than $1000.
• C)equal to $1000.
• D)either greater than $1000 or less than $1000, depending upon the interest rate

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Definitions:

Rating Scale

A tool or method for assigning a value to a variable or characteristic, typically in the form of a survey or questionnaire that measures intensity, frequency, satisfaction, or agreement.

Quality

The characteristic or standard of something as measured against other things of a similar kind; the degree of excellence of something.

Biographical Inventories

Standardized questionnaires that gather detailed personal and professional history, often used in employment settings for selection purposes.

Structured Interview

An interview method where each interviewee is asked the same set of prepared questions in the same order to ensure consistency and comparability of responses.