What's the Present Value of $1,375 Discounted Back 5 Years

question 97

Multiple Choice

What's the present value of $1,375 discounted back 5 years if the appropriate interest rate is 6%,compounded monthly?

• A) $886.87
• B) $1,019.39
• C) $1,029.58
• D) $958.22
• E) $1,009.19

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Definitions:

Sexual Double Standard

A societal norm that allows or even encourages disparate sexual behaviors for individuals based on their gender, typically more permissive for men than for women.

Social Power

The ability of an individual or group to influence or control the actions, behaviors, and opinions of others within a social context.

Queer Theory

An interdisciplinary perspective that seeks to challenge normative concepts of gender and sexuality, exploring the fluidity and social construction of these identities.

Heterosexism

The assumption that heterosexuality is the norm or superior to other sexual orientations, leading to discrimination and bias against non-heterosexual people.