Solved

What Is the Present Value of $25,250,300 to Be Received

Question 16

Multiple Choice

What is the present value of $25,250,300 to be received 73 years from now if the interest rate is 22.5 percent?


A) $10,454,550.25
B) $9.30
C) $12,566.60
D) $8,987,000.45
E) $8,500,000.25

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions