The Present Value of $2,000 to Be Received Nine Years

question 48

True/False

The present value of $2,000 to be received nine years from today at 8% interest compounded annually is $1,000.40. (^{PV of $1}, ^{FV of $1}, ^{PVA of $1}, and ^{FVA of $1}) (Use appropriate factor(s) from the tables provided.)

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Definitions:

Mental Health

Narrowly, the absence of disorder. In a broader view, the presence of optimal social, emotional, and cognitive functioning—also known as wellness.

General Risk Factors

Conditions or variables associated with an increased likelihood of developing a disorder, illness, or other negative outcomes.

Vulnerable

Capable of being physically or emotionally wounded or open to attack or damage.

Safe Sex

Sexual activities that are practiced to reduce the risk of transmitting or acquiring sexually transmitted infections and reducing unwanted pregnancies.