Below Is a Table for the Present Value of $1

question 12

Multiple Choice

Below is a table for the present value of $1 at Compound interest.
Below is a table for the present value of an annuity of $1 at compound interest.
Using the tables above, what would be the present value of $15,000 (rounded to the nearest dollar) to be received four years from today, assuming an earnings rate of 10%?

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Definitions:

Actualizing Tendency

A concept in psychology that represents the innate drive of individuals to fulfill their potential and capabilities.

Humanistic Psychologist

A type of psychologist who focuses on individual potential and stresses the importance of growth and self-actualization.

MMPI

The Minnesota Multiphasic Personality Inventory, a standardized psychometric test of adult personality and psychopathology.

Psychological Disorders

Mental disorders characterized by patterns of thought, feeling, and behavior that are distressing, disruptive, and not considered culturally normative.