With a Zero Interest Rate Both the Present Value and the Future

question 58

True/False

With a zero interest rate both the present value and the future value of an N payment annuity would equal N x payment.

---

Definitions:

Biologically Predisposed

Being biologically predisposed means having an increased likelihood of developing certain characteristics, behaviors, or diseases due to genetic factors.

Learned Habits

Behaviors acquired through repetition and reinforcement, becoming automatic responses to specific situations.

Biological Constraints

Biological constraints are limitations on learning that are caused by the biology of the organism, suggesting that some behaviors are inherently more difficult to learn than others due to genetics.

Ivan Pavlov

A Russian physiologist best known for his research in classical conditioning, particularly his experiments with dogs that led to the discovery of the conditioned reflex.