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You Win a Prize at Your Sorority, and You Are

question 25

Multiple Choice

You win a prize at your sorority, and you are given the following two payoff options: Option 1 is to receive $100 one year from today and $100 two years from today. Option 2 is to receive $180 today. If the annual interest rate is 10%, the present value of option 1 is:


Definitions:

Vector Transmission

The transfer of a disease or pathogen through carriers such as mosquitoes, ticks, or fleas from one host to another.

Disease-carrying Insect

An insect that transmits pathogens to humans or other animals, causing diseases.

Communicable Disease

An infectious disease that can be transmitted from one individual to another, either directly or indirectly.

Incubation

The period between the exposure to an infection and the appearance of the first symptoms.

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