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:

Unconditioned Response

An automatic, natural reaction to a stimulus that occurs without any need for learning.

Conditioned Stimulus

A previously neutral stimulus that, after association with an unconditioned stimulus, comes to trigger a conditioned response.

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a response without the need for prior learning.

Conditioned Response

An automatic response established by training to an ordinarily neutral stimulus.