What Is the Present Value (PV)of $80,000 Received Ten Years

question 7

Multiple Choice

What is the present value (PV) of $80,000 received ten years from now,assuming the interest rate is 5% per year?

• A)$38,422.76
• B)$40,000.00
• C)$49,113.06
• D)$76,000.00

---

Definitions:

Kohlberg

Kohlberg's theory refers to the stages of moral development in individuals, emphasizing the progression through pre-conventional, conventional, and post-conventional levels.

Egocentric Perspectives

A cognitive stance where an individual perceives the world solely from their own viewpoint, ignoring or not understanding the perspectives of others.

Middle Childhood

A developmental stage that typically refers to children aged between 6 to 12 years, where significant cognitive, emotional, and social growth occurs.

Fantasy Role Play

A type of play in which children imagine and act out various roles, characters, or scenarios, often involving imaginative, make-believe elements.