The Present Value of $100 to Be Received 10 Years

question 118

Multiple Choice

The present value of $100 to be received 10 years from today,assuming an opportunity cost of 9 percent,is approximately ________.

• A)$237
• B)$190
• C)$42
• D)$10

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Definitions:

Arapesh

A cultural group from the early anthropological literature, known for their emphasis on cooperation and peacefulness, located in Papua New Guinea.

Gender-neutral Traits

Characteristics or attributes that are not associated with or specific to one gender; they can be applicable to any person regardless of their gender.

Temporal Orientation

Refers to the cultural or individual way of perceiving and valuing time, focusing on the past, present, or future.

Sense of Place

The feelings, emotions, and associations that people have with a particular geographical location, which is shaped by cultural and personal experiences.