What Is the Present Value (PV)of $50,000 Received 20 Years

question 55

Multiple Choice

What is the present value (PV) of $50,000 received 20 years from now,assuming the interest rate is 4% per year?

• A)$5,242.88
• B)$10,000.00
• C)$22,819.35
• D)$40,000.00

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Definitions:

Self-Reported Arousal

The personal assessment and declaration of emotional and physiological excitement or stimulation.

Basic Arousal States

Fundamental levels of physiological and psychological activation experienced by individuals.

Excitation Transfer

The idea that arousal from one event can transfer to a later event.

Positive Emotion

Feelings that are enjoyable or desirable, such as happiness, joy, excitement, or contentment.