If the Current Rate of Interest Is 8%,then the Future

question 51

Multiple Choice

If the current rate of interest is 8%,then the future value (FV) of an investment that pays $1000 per year and lasts 20 years is closest to:

• A)$18,519
• B)$45,762
• C)$9,818
• D)$20,000

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Definitions:

Psychoanalysts

Therapists who use techniques grounded in Freudian theory to explore unconscious drives and conflicts in patients.

Unconditional Positive Regard

A practice in psychology that involves showing complete support and acceptance to a person regardless of their actions or feelings.

Genuineness

The quality of being open, honest, and sincere in one's dealings with others.

Emotion-focused Therapy

A therapeutic approach that emphasizes the recognition, acceptance, and processing of emotional experiences to facilitate healing and growth.