To Find the Present Value of $1000 Discounted for 20

question 46

Multiple Choice

To find the present value of $1000 discounted for 20 years at 8%, when using a financial calculator, the correct entry is

• A) N=20, i=.08,PMT=0, FV=1000 solve for PV.
• B) N=20, i=8,PMT=0, FV=1000 solve for PMT.
• C) N=20, i=.08,PMT=0, PV=1000 solve for FV.
• D) N=20, i=8,PMT=0, FV=1000 solve for PV.

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Definitions:

Emotional Reactions

Immediate responses to stimuli or events that are characterized by strong feelings, ranging from joy and love to anger and fear.

Sympathetic Arousal

The state of heightened physiological activity that prepares the body for action, part of the "fight or flight" response.

Parasympathetic Inhibition

The reduction of activity in the parasympathetic nervous system, which may result in increased arousal or decreased bodily functions associated with rest and digestion.

Cognitive Labeling

The process of identifying and naming the emotions one is experiencing.