Which of the Following Has a Present Value of $100

question 407

Multiple Choice

Which of the following has a present value of $100?

• A)$110 in two years when the interest rate is 5 percent
• B)$112.36 in two years when the interest rate is 6 percent
• C)$117.49 in two years when the interest rate is 7 percent
• D)None of the above are correct to the nearest cent.

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Definitions:

Reggio Emilia

An educational philosophy focused on preschool and primary education, emphasizing child-centered and self-directed learning within a community, often using self-expression through various mediums.

Piagetian

Pertaining to the theories and research of Swiss psychologist Jean Piaget, especially regarding cognitive development.

Ericksonian

Relates to the methods or therapeutic techniques derived from the work of psychiatrist Milton H. Erickson, particularly known for his approach to hypnotherapy and psychotherapy.

Parent Participation

The involvement of parents in the educational, developmental, or activity-based contexts of their children.