You Have Been Promised a Payment of $400 in the Future.In

question 202

Multiple Choice

You have been promised a payment of $400 in the future.In which of the following cases is the present value of this payment the lowest?

• A)You receive the payment 4 years from now and the interest rate is 4 percent.
• B)You receive the payment 4 years from now and the interest rate is 5 percent.
• C)You receive the payment 5 years from now and the interest rate is 4 percent.
• D)You receive the payment 5 years from now and the interest rate is 5 percent.

---

Definitions:

Toenail Care

Practices and procedures aimed at maintaining the health and hygiene of the toenails to prevent disorders and infections.

Nail Care

The practice of maintaining the health and appearance of the nails on the hands and feet, including trimming, polishing, and treating the nails and cuticles.

Moist Wet-To-Dry

A wound dressing technique where a moist saline gauze is applied to the wound and allowed to dry, aiding in debridement.

Postsurgical Patient

An individual who is in the recovery phase following surgery, requiring specific care and monitoring to ensure proper healing.