You Have Just Purchased an Investment That Generates the Cash

question 117

Multiple Choice

You have just purchased an investment that generates the cash flows that are shown below.You are able to invest your money at 5.75%,compounded annually.How much is this investment worth today?
Year Amount
0 $0
1 $1,250
2 $1,585
3 $1,750
4 $2,225
5 $3,450

• A)$7,758
• B)$4,521
• C)$10,260
• D)$8,467

---

Definitions:

High-Energy Radiation

Radiation with enough energy to remove tightly bound electrons from atoms, thus creating ions, and includes types such as X-rays and gamma rays.

Functional MRI

A type of brain scan that measures and maps brain activity by detecting changes associated with blood flow.

Bender Visual-Motor Gestalt Test

The oldest and most commonly used of neuropsychological assessments often used to screen children for neuropsychological impairment. The test consists of a series of nine cards containing lines and shapes drawn in black on a piece of white cardboard. Children are asked first to copy the images on another card and then to draw them from memory. Errors in reproducing these lines and shapes may indicate neurological problems.

False Positives

Incorrect test results indicating the presence of a condition or substance when it is not actually present.