Use This Information to Answer the Following Question

question 35

Multiple Choice

Use this information to answer the following question.

-What is the present value of receiving $800 at the end of each year for three years,assuming an APR of 7 percent?

• A)$652.80
• B)$1,952.40
• C)$2,099.20
• D)$2,244.00

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Definitions:

Ethics

Moral principles and values applied to social behavior.

Philosophy

The study of fundamental questions about existence, knowledge, values, reason, mind, and language.

Morality

Principles concerning the distinction between right and wrong or good and bad behavior; a system of values and ethics that guides individuals and societies.

Duty-Based Ethics

An ethical philosophy rooted in the idea that every person has certain duties to others, including both humans and the planet. Those duties may be derived from religious principles or from other philosophical reasoning.