Roy Is Going to Receive a Payment of $5,000 One

question 98

Multiple Choice

Roy is going to receive a payment of $5,000 one year from today. He earns an average of 6% on his investments. What is the present value of this payment?

• A) $4,717
• B) $4,821
• C) $5,000
• D) $5,300

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Definitions:

Parietal Lobe

A region of the cerebral cortex involved in processing sensory information related to touch, pressure, temperature, and spatial orientation.

Recognize Faces

The cognitive ability to identify and understand human faces, highlighting the complex processing abilities of the brain.

Aphasia

A disorder caused by damage to the parts of the brain that control language, affecting the ability to communicate effectively.

Hippocampus

A region of the brain involved in learning and memory formation.