To Determine the Present Value of a Future Amount,one Should

question 5

Multiple Choice

To determine the present value of a future amount,one should ________ the future cash flows.

• A)annuitize
• B)compound
• C)discount
• D)multiply

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Definitions:

Poise

The state of being balanced, graceful, and self-assured in manner or bearing.

Good Manners

The socially acceptable behaviors and actions that are considered polite and respectful in various social settings.

Perception Of Competence

The extent to which others believe an individual has the ability or skills to perform effectively.

Unspoken Rules

Implicit norms or conventions that are understood and followed by members of a community or society but are not formally documented.