Assuming an Interest Rate of 14%, the Present Value of $30,000

question 190

Multiple Choice

Assuming an interest rate of 14%, the present value of $30,000 to be received 8 years from now would be closest to: Present Value of $1
Present Value of Annuity of $1

• A)$10,530.
• B)$33,600.
• C)$30,000.
• D)$139,170.

---

Definitions:

Latent Learning

A form of learning that occurs without any obvious reinforcement or rewards, becoming apparent only when there is an incentive to demonstrate it.

Previous History

A record or background of past events or situations, especially as relevant to a particular subject or individual.

Cognitive Learning Theories

A group of theories in psychology that explain how people process information, learn, and remember through understanding, thinking, and reasoning.

Unobservable Mental Processes

Refers to internal cognitive and emotional events that cannot be directly measured or seen, but can be inferred through behavior.