Present Value What Is the Present Value of a $750

question 54

Multiple Choice

Present Value What is the present value of a $750 payment made in 3 years when the discount rate is 5 percent?

• A)$646.96
• B)$647.88
• C)$712.50
• D)$868.22

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Definitions:

Cognitive Developmental Theory

A psychological theory that suggests how children acquire knowledge and understanding of the world around them, often associated with Jean Piaget.

Tension Motivates

The concept that a certain level of stress or tension can drive individuals to perform better or reach their goals.

Resting State

A condition or state in which the body is not actively engaged in any physical activity, allowing for recovery and conservation of energy.

Inferred From Behavior

Derived or concluded based on observations of actions or conduct.