If the Interest Rate Is 8%,receiving $10 000 in 3

question 1

Multiple Choice

If the interest rate is 8%,receiving $10 000 in 3 years' time is equivalent to receiving what amount today?

• A) $10 000
• B) $7 938
• C) $3 880
• D) $9 2559

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Definitions:

Victim

An individual who suffers harm or loss as a result of a crime, accident, or other adverse event.

Poor Black Women

Represents a demographic group that faces intersecting forms of societal disadvantage and discrimination based on race, gender, and economic class.

Contraceptive Use

Involves the application of methods or devices to prevent pregnancy as part of sexual and reproductive health.

Condoms

Barrier devices commonly used during sexual intercourse to reduce the risk of sexually transmitted infections and prevent pregnancy.