menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Intermediate Accounting Study Set 6
  4. Exam
    Exam 24: Time Value of Money Module
  5. Question
    The Present Value of $75, 000 Received at the End
Solved

The Present Value of $75, 000 Received at the End

Question 45

Question 45

Multiple Choice

The present value of $75, 000 received at the end of eight years discounted at 12% is


A) $ 29, 523
B) $ 30, 291
C) $ 32, 544
D) $185, 697

Correct Answer:

verifed

Verified

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

Related Questions

Q40: To compare the value of amounts received

Q41: Sol's Laundry began depositing $1, 000 equal

Q42: Balance sheet values are calculated using compound

Q43: Kevin Nathan will deposit $1, 000 into

Q44: At the beginning of 2010, Lucy Co.issued

Q46: The formula for the present value of

Q47: Nancy's parents loaned her $80, 000 to

Q48: Sally has $3, 000, 000 on deposit

Q49: Interest compounded on a $10, 000 principal

Q50: On May 1, 2010, Mosier Company acquired

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines