What's the Present Value of $17,500 Discounted Back 5 Years

question 133

Multiple Choice

What's the present value of $17,500 discounted back 5 years if the appropriate interest rate is 4.5%,compounded semiannually?

• A) $14,008.93
• B) $14,569.28
• C) $14,149.02
• D) $11,907.59
• E) $11,207.14

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Definitions:

Autosomal Dominant Disorder

An autosomal dominant disorder is a type of genetic disorder where a single copy of the mutated gene, inherited from one parent, is sufficient to cause disease, affecting both sexes equally and often present in every generation.

Huntingtin

A protein associated with Huntington's disease, caused by genetic mutations leading to neurodegeneration.

Phenylalanine

An essential amino acid required for growth and protein synthesis, obtained through diet.

Phenylketonuria

A genetic disorder characterized by the body's inability to break down the amino acid phenylalanine, leading to its accumulation.