What Is the Present Value of $1,000 to Be Received

question 53

Multiple Choice

What is the present value of $1,000 to be received 10 years from today? Assume that the investment pays 8.5% and it is compounded monthly (round to the nearest $1) .

• A) $893
• B) $3,106
• C) $429
• D) $833

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Definitions:

Gender Role Socialization

The process through which individuals learn the gender roles expected of them by society through various channels such as family, peers, and media.

Sexism

Discrimination or bias against individuals based on their gender, often manifesting in unequal treatment or attitudes.

Homophobic Slurs

Offensive terms used to insult or demean individuals based on real or perceived sexual orientation.

Masculinity

Attributes, behaviors, and roles associated with being male as understood by a particular culture or society.