$100 Today Is Worth

question 10

Multiple Choice

$100 today is worth

• A) the same as $100 to be received in one year, since the inflation rate has been low recently and funds received in the near future should have the same purchasing power that they have today.
• B) less than $100 to be received in one year, since many people will spend money foolishly today and will become more careful in their spending habits as they mature.
• C) more than $100 to be received in one year, since you can invest the money received today for this period, leaving you with more than $100 in the future.
• D) the same as a future receipt of $100, since the physical characteristics of U.S. currency are unchanged for long periods of time.
• E) less than $100 received by someone ten years ago, since many products have been improved over this time period.

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Definitions:

Rotating Skimmer

A rotating skimmer is a device used in separation or filtration processes that involves the rotation of a component to skim off materials from the surface of a liquid.

Sedimentation Tank

A tank used in water and wastewater treatment processes where particles settle to the bottom under gravity, aiding in purification.

Grease

A thick lubricant made from oil or fats mixed with thickening agents, used for reducing friction between surfaces.

Organic Matter

Materials derived from living organisms, including plant and animal remains, used to improve soil fertility in agriculture.