Suppose You Need to Pay Your Air-Ticket of $2400 for a European

question 41

Multiple Choice

Suppose you need to pay your air-ticket of $2400 for a European trip next year.If you deposit money now,you can earn 7% per annum.How much do you need to invest today?

• A)$1759
• B)$1968
• C)$2000
• D)$2151
• E)$2243

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Definitions:

Stress

The upsetting of homeostasis.

Performance

Describes the act of carrying out a task or function, often measured against known standards of accuracy, completeness, speed, or efficiency.

Guilt

An unpleasant moral emotion associated with a specific instance in which one has acted badly or wrongly.

Shame

A moral emotion that, like guilt, involves feeling bad but, unlike guilt, spreads to the whole person.