At Which Interest Rate Is the Present Value of $80

question 97

Multiple Choice

At which interest rate is the present value of $80.25 one year from today equal to $75 today?

• A)4 percent
• B)5 percent
• C)6 percent
• D)7 percent

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Definitions:

Client-Centered Therapy

A form of psychotherapy developed by Carl Rogers emphasizing the client's capacity for self-direction and understanding of one's own feelings.

Systematic Desensitization

A behavioral therapy technique used to reduce phobic or anxiety responses by gradually exposing the person to the feared object or situation in a controlled manner.

Humanistic Therapy

A form of psychotherapy that emphasizes personal growth and the concept of self-actualization.

Cognitive Therapy

A type of psychotherapy that focuses on changing negative patterns of thought to improve emotional well-being and behavior.