What Is the Future Value of $1,000 in Three Years

question 79

Multiple Choice

What is the future value of $1,000 in three years if the rate of discount is equal to 5 percent?

• A) $1,150.00
• B) $1,005.00
• C) $1,157.63
• D) $863.84

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Definitions:

Subliminal Persuasion

A method of influencing people's attitudes or behaviors on a subconscious level, often through indirect or hidden stimuli.

Subliminal Advertising

A marketing technique that aims to influence consumers' purchasing decisions by exposing them to messages or images below their threshold of conscious perception.

Conscious Awareness

The state of being fully alert and aware of one's environment, thoughts, and feelings, allowing for intentional thought and action.

Differential Threshold

The minimum difference in stimulation required to detect a change or difference between two stimuli.