The Present Discounted Value of $60,000 to Be Received at the End

question 23

Multiple Choice

The present discounted value of $60,000 to be received at the end of three years when the interest rate is 10 percent is closest to

• A)$45,079.
• B)$49,587.
• C)$60,000.
• D)$79,860.

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Definitions:

Incident Report

A documentation of any unusual or unexpected event in a healthcare setting that could have or did lead to harm for a patient, employee, or visitor.

Malpractice Lawsuit

A legal action taken against a healthcare professional or organization for negligence or providing substandard care causing harm to a patient.

Pain Assessment

The systematic evaluation of pain using various scales and measures to understand its intensity, type, and effect on the individual, aimed at guiding treatment decisions.

Appropriate Documentation

The accurate and comprehensive recording of all relevant patient interactions and care, adhering to legal and professional standards.