At an Annual Interest Rate of 7%,the Present Value of $5000

question 5

Multiple Choice

At an annual interest rate of 7%,the present value of $5000 received in five years is closest to:

• A)$3565.
• B)$6750.
• C)$7015.
• D)$7035.

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Definitions:

Theta Waves

Brainwave patterns associated with stages 1-2 of sleep, meditation, and creativity, typically indicating a state of somnolence or the initial stages of sleep.

Electroencephalograph (EEG)

An Electroencephalograph (EEG) is a device used to record the electrical activity of the brain to help diagnose conditions affecting the brain.

Stage 1 Sleep

The initial phase of the sleep cycle, characterized by light sleep from which individuals can be easily awakened.

REM Sleep

Rapid Eye Movement sleep, a sleep stage characterized by vivid dreams and heightened brain activity.