If the Current Rate of Interest Is 8%,then the Present

question 59

Multiple Choice

If the current rate of interest is 8%,then the present value (PV) of an investment that pays $1000 per year and lasts 20 years is closest to:

• A)$18,519
• B)$45,761
• C)$9818
• D)$20,000
• E)$10,016

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Definitions:

Capillaries

The smallest blood vessels in the body, connecting veins and arteries and facilitating the exchange of water, oxygen, carbon dioxide, and many other nutrients and waste substances between blood and tissues.

SA Node

The sinoatrial node, a group of cells in the right atrium of the heart that acts as a natural pacemaker, initiating the heart's electrical impulses.

AV Node

The AV Node, or Atrioventricular Node, is a part of the heart's electrical system that acts as a gatekeeper, controlling the electrical impulses between the atria and ventricles.

Cardiac Conduction

The process by which the heart's electrical system transmits signals, leading to muscle contraction and heartbeats.