Based on the Figure,what Is the Age of Layer 7

question 42

Multiple Choice

Based on the figure,what is the age of Layer 7 relative to Layer 3?

• A) Layer 7 is younger than Layer 3.
• B) Layer 7 is older than Layer 3.
• C) Layer 7 and Layer 3 are the same rock type,so they are the same age.
• D) Their relative ages cannot be determined.

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Definitions:

Interest Rate

The proportion, in a percentage, at which interest is paid by borrowers for the use of money that they borrow from a lender. It is a critical component of the credit markets.

Years

A unit of time equal to 365 days (or 366 days in a leap year), used in calendar timekeeping.

Present Value

The value right now of a sum of money expected in the future or a sequence of cash inflows, factoring in a specific rate of return.

Discount Rate

This is the rate of interest utilized in the process of discounted cash flow analysis to calculate the current value of future cash flows.