Two Payments of $49 000 Each Must Be Made 3

question 169

Multiple Choice

Two payments of $49 000 each must be made 3 year and 5 year from now. If money can earn 4.9% compounded monthly, what single payment 5 years from now would be equivalent to the two scheduled payments?

• A) $98 117
• B) $98 000
• C) $103 034
• D) $105 742
• E) $101 177

Analyze the role of religion in promoting social cohesion or conflict.

Understand feminist critiques and perspectives on religion and science.

Comprehend the education system's functions and roles in society according to various sociological perspectives.

Recognize the relationship between social inequality and educational outcomes.

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Definitions:

Moral Judgments

Decisions or opinions about what is right and wrong, typically reflecting personal values or societal standards.

Imaginary Audience

is a psychological concept where an individual believes that his or her actions are the focus of other people's attention and interest.

Adolescent Egocentrism

A developmental stage where teenagers believe their thoughts, feelings, and experiences are unique and not understood by others.

Imaginary Audience

The belief often held by adolescents that they are constantly being observed and judged by others, as if they are the center of attention in a crowd.