What Payment 5 Months from Now Would Be Equivalent in Value

question 255

Multiple Choice

What payment 5 months from now would be equivalent in value to a $4,000 payment due today and a $3,000 payment due 7 months from now? Money can earn 6.5%.

• A) $7,455.01
• B) $6,923.82
• C) $7,189.58
• D) $7,076.18
• E) $6,544.98

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Definitions:

Autism Spectrum Disorder (ASD)

A disorder that appears in childhood and is marked by significant deficiencies in communication and social interaction, and by rigidly fixated interests and repetitive behaviors.

Mirroring

The behavior in which an individual subconsciously imitates the gesture, speech pattern, or attitude of another.

Autism Spectrum Disorder

This describes a disorder where individuals face significant challenges in socializing and communicating, and exhibit repetitive behaviors and thought patterns.

Visual And Emotional Information

The processing and interpretation of visual stimuli that evoke emotions in an individual.