You Just Won the Lottery

question 87

Multiple Choice

You just won the lottery.You have a choice of three different prize options.
Option #1: receive $1,200 immediately
Option #2: receive $1,500 a year from now
Option #3: receive $5,000 five years from now.
If the interest rate is 10% the ranking of the options,from the lowest present value to the highest is

• A)Option #2,Option #3,Option #1
• B)Option #3,Option #1,Option #2
• C)Option #1,Option #2,Option #
• D)Option #1,Option #3,Option #2
• E)Option #3,Option #2,Option #1

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Definitions:

Charismatic Leader

A leadership style characterized by an individual's ability to inspire and motivate others through their personal charisma, vision, and communication skills.

Empathy Map

A tool used to articulate what we know about a particular type of user, their needs, experiences, behaviors, and goals.

Contradictions

Situations or statements that are in opposition to one another, presenting conflicting ideas or evidence.

Interesting Insight

A fascinating or thought-provoking observation or understanding derived from data, experience, or study.