Examlex
The present value of $300 received 5 years in the future would be calculated as which of the following when the interest rate is 5 per cent?
Gratification
The state of being satisfied or receiving pleasure from something, often linked with the fulfillment of desires or needs.
Pleasure Seeking
The motivation or action taken with the primary goal of achieving personal gratification or enjoyment.
Ego
In psychoanalytic theory, the part of the personality that mediates between the demands of the id, the superego, and reality.
Id
In psychoanalytic theory, the part of the psyche that is the source of instinctual impulses and demands for immediate satisfaction of primitive needs.
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