Laura Says That the Present Value of $700 to Be

question 59

Multiple Choice

Laura says that the present value of $700 to be received one year from today if the interest rate is 6 percent is less than the present value of $700 to be received two years from today if the interest rate is 3 percent.Cassie says that $700 saved for one year at 6 percent interest has a smaller future value than $700 saved for two years at 3 percent interest.

• A)Both Laura and Cassie are correct.
• B)Both Laura and Cassie are incorrect.
• C)Only Laura is correct.
• D)Only Cassie is correct.

Understand the principles of sensorimotor development and stages.

Grasp the concept and examples of motor skills, both fine and gross.

Comprehend the significance of sensory experiences in infant development.

Recognize the role of memory and learning in infancy, including deferred imitation and reminder sessions.

---

Definitions:

Specific Steps

Detailed and clear actions to be taken in order to achieve a particular goal or complete a process.

Guided Imagery

A relaxation and mental visualization technique where a person is led through imagining a peaceful scene or series of experiences.

Visualization

The technique of creating a mental image or intention of what one wants to happen or feel.