Below Is a Table for the Present Value of $1

question 65

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 $8,000 (rounded to the nearest dollar) to be received one year from today, assuming an earnings rate of 12%?

• A) $7,544
• B) $7,120
• C) $7,272
• D) $7,144

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Definitions:

Retirement Benefits

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A person born during the post-World War II baby boom, between 1946 and 1964.

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Efforts to promote, impede, direct, or intervene in social, political, economic, or environmental reform with the desire to make changes in society.