Below Is a Table for the Present Value of $1

question 77

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 is the present value of $4,000 (rounded to the nearest dollar) to be received at the end of each of the next four years, assuming an earnings rate of 12%?

• A) $2,544
• B) $1,000
• C) $12,148
• D) $14,420

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Definitions:

Rapport

A positive relationship characterized by mutual respect, trust, and understanding between two or more parties.

Suspend Judgment

Temporarily refraining from forming an opinion or conclusion until all evidence is presented and considered.

Cultural Competent Care

Healthcare that is respectful of and responsive to the health beliefs, practices, and cultural and linguistic needs of diverse patients.

Transgender Patients

Refers to patients whose gender identity or expression differs from the sex they were assigned at birth, highlighting the need for sensitive and inclusive healthcare.