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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 7% per year would be:
Egocentrism
A cognitive trait where an individual is unable to understand or assume any perspective other than their own.
Operations
Procedures carried out in the execution of a task, workflow, or within a functional area of a business or study.
Intuitive Thought
A cognitive process that occurs without analytical reasoning, often based on experiences and immediate perceptions.
Innate
The inherent characteristics or abilities present from birth, not acquired or learned through experience.
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