The Present Value of $200 to Be Received 10 Years

question 108

Multiple Choice

The present value of $200 to be received 10 years from today,assuming an opportunity cost of 10 percent,is approximately ________.

• A)$50
• B)$400
• C)$519
• D)$77

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Definitions:

Ethnic Minorities

Groups within a larger society that have distinct cultural, religious, or racial characteristics.

Academically Prepared

Refers to the state of being sufficiently equipped with the necessary knowledge and skills for educational pursuits.

Gifted

Refers to individuals, often children, who exhibit high levels of aptitude or competence in one or more domains at an early age.

Longitudinal Study

A research design that involves repeated observations of the same variables over a period of time, extending from months to years.