Using the Following Partial Table of Present Value of $1

question 17

Multiple Choice

Using the following partial table of present value of $1 at compound interest,determine the present value of $20,000 to be received four years hence,with earnings at the rate of 10%
A year.

• A)$13,660
• B)$12,720
• C)$15,840
• D)$10,400

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Definitions:

Stimulus Energies

The physical or environmental energies that an organism can detect and respond to, such as light, sound, and temperature.

Sensory Receptors

Specialized cells or nerve endings that respond to changes in the environment and transmit signals to the nervous system.

Sensation

The process by which our sensory receptors and nervous system receive and represent stimulus energies from our environment.

Visual Sensation

The experience of receiving and interpreting light through the eyes, leading to the perception of the surrounding environment.