What Is the Present Value of an Annual Payment of $3,600

question 15

Multiple Choice

What is the present value of an annual payment of $3,600 discounted back 12 years at an annual rate of return of 5 percent?

• A)$12,977.19
• B)$31,907.71
• C)$45,360.00
• D)$57,301.66

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Definitions:

Overregularization

A language acquisition error where children apply regular grammatical patterns to words that are exceptions.

Permissive

A parenting or leadership style characterized by low demands with high responsiveness, allowing for a high degree of freedom and self-regulation.

Neglecting

The failure to provide for a dependant's basic needs, which can include physical, emotional, and educational neglect.

Insecurely Attached

Describes an attachment style in individuals who have developed anxiety or avoidance in close relationships due to inconsistent or negative early interactions with caregivers.