Use the Following Information to Answer the Question(s)below

question 44

Multiple Choice

Use the following information to answer the question(s) below.Consider the following four alternatives:
1.$132 received in two years.
2.$160 received in five years.
3.$200 received in eight years.
4.$220 received in ten years.
-The ranking of the four alternatives from most valuable to least valuable if the interest rate is 6% per year would be:

• A)1,2,3,4.
• B)1,3,2,4.
• C)4,3,1,2.
• D)3,4,2,1.

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Definitions:

Denying the Antecedent

A logical fallacy involving an invalid argument structure where, from the premise that if P then Q, it is inferred that if not P then not Q.

Taste Better

A subjective assessment indicating that one item is perceived as more pleasing or enjoyable in flavor than another.

Disjunctive Syllogism

A form of logical reasoning where, from two possibilities, the elimination of one implies the necessity of the other.

Valid Argument

A logical conclusion based on premises that are true and follows a form that guarantees its truth.