the correct answer is false. i took the test and true was wrong. so false is correct
Answer:
Rolling on their tummy's, hand- eye coordination, standing up right, and being able to grasp their own shoes are some physical skills that are developed.
Explanation:
babies steadily gain weight and grow in length throughout this first year, often in growth spurts. Cognitive development . This means how the brain forms its abilities to learn and remember.
Answer:
$307,382.82
Explanation:
current age = 65 years
Requires $20,000 at the beginning of the year for the next 35 years.
interest rate = 6%
So, initial investment = PV of all the inflows
= $20,000+ 20,000×PV×( 6%, 35% years)
=$20,000+ 20,000×14.3681
= $20,000+ 287,362.82= $307,382.82
So, he must invest $307,382.82 to get $20,000 every year.
Answer:
False, we conclude that $1 in one year from now is worth more than that of today.
Explanation:
The time value of money (TVM) is concept that suggests money available at present time is worth more than identical sum in future due to potential earning capacity.
This core principle in finance holds that the provided money can earn interest , and any amount of money is worth more the sooner it is received.
Also future money is not affected by inflation, only present money is.
Hence we conclude that $1 in one year from now is worth more than that of today.
