If the Interest Rate Is 4 Percent,the Present Value of $500

question 34

Multiple Choice

If the interest rate is 4 percent,the present value of $500 received at the end of four years is:

• A) $427.40.
• B) $431.71.
• C) $416.41.
• D) $432.68.

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Definitions:

Exposure Therapy

A psychological treatment that involves confronting fears directly by gradual exposure to the feared object, situation, or activity.

Post-traumatic Stress Disorder

A mental health condition triggered by experiencing or witnessing a terrifying event, characterized by flashbacks, nightmares, and severe anxiety.

Cognitive Therapy

A form of psychotherapy that emphasizes the importance of thought patterns in influencing behavior and emotions.

Depression

A common and serious medical illness that negatively affects how you feel, the way you think, and how you act, characterized by persistent sadness and a lack of interest or pleasure in previously rewarding or enjoyable activities.