Assuming an Interest Rate of 6%,the Present Value of $20,000

question 100

Multiple Choice

Assuming an interest rate of 6%,the present value of $20,000 to be received 9 years from now would be closest to:

• A)$11,840.
• B)$14,940.
• C)$31,880.
• D)$33,784.

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Definitions:

Intimacy

The feeling of being close and emotionally connected to someone, involving trust, vulnerability, and a deep understanding of each other.

Passion

A strong and barely controllable emotion or an intense, driving feeling of enthusiasm or desire for something.

Commitment

The state or quality of being dedicated to a cause, activity, or person.

Aggressive

referring to behavior or attitudes that are forceful, potentially harmful, or showing readiness to confront.