Phoua Has Been Severely Depressed for the Last Year and Has

question 15

Multiple Choice

Phoua has been severely depressed for the last year and has been hospitalized for the past 3 months because she is suicidal and a danger to herself. Many of the "first line" or typical treatments for depression have not been effective for Phoua, including cognitive therapy and drug therapy. Phoua will most likely:

• A) be institutionalized
• B) receive electroconvulsive therapy
• C) receive a prefrontal lobotomy
• D) receive a combination of deep brain stimulation and an atypical antipsychotic

Utilize formulas for growing annuities and perpetuities to resolve real-life financial planning scenarios.

Evaluate the effect of incremental increases in periodic contributions on the future value of investments.

Calculate the present value of indexed annuities with payments that grow at a specified rate.

Determine the interest rate required to meet specific financial goals in perpetuity.