If Nicolai Earns an 8% After-Tax Rate of Return, $20,000

question 34

Multiple Choice

If Nicolai earns an 8% after-tax rate of return, $20,000 today would be worth how much to Nicolai in 5 years?

• A) $20,000
• B) $13,620
• C) $18,520
• D) $21,600
• E) None of these

---

Definitions:

Hypnosis

Hypnosis is a trance-like state of focus and concentration achieved with the help of a clinical hypnotherapist. This state is often used to explore thoughts, feelings, and memories that may be hidden from conscious awareness.

Sensory Input

Information received by the senses (sight, sound, touch, taste, and smell) that is then processed by the brain.

Gate-Control Theory

A theory proposing that the spinal cord contains a neurological "gate" that either blocks pain signals or allows them to continue on to the brain.

Severe Toothache

A severe toothache is intense pain in or around a tooth, often indicating underlying issues such as decay, infection, or injury.