What Is the Present Value of $1,000 Received 3 Years

question 99

Short Answer

What is the present value of $1,000 received 3 years from now if the interest rate is 6%?

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Definitions:

Altered States

Conditions of consciousness that differ significantly from one's normal waking state, such as those induced by sleep, meditation, or drug use.

States Consciousness

Varying levels of awareness, including wakefulness, sleep, dreaming, and other altered states of consciousness.

Selective Attention

Selective attention is the process by which a person focuses on one particular object or task while ignoring other stimuli or information.

Cocktail Party Effects

The ability to focus one's auditory attention on a particular stimulus while filtering out a range of other stimuli, as if at a noisy party.