Multiple Choice
The present value of $250,000 received in 10 years at 2 percent interest is approximately:
A) $205,087.
B) $212,051.
C) $305,194.
D) $195,085.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q2: If you knew that an investment was
Q3: Diversification:<br>A)reduces the likelihood that bad things will
Q4: Risk pooling:<br>A)reduces the chances of catastrophes happening.<br>B)lowers
Q5: If you knew that an investment was
Q6: Julia is thinking about leaving her place
Q7: Which of the following is closest to
Q8: Which of the following is closest to
Q9: A deposit of $50,000 after a year
Q10: Shayla is thinking about leaving her place
Q11: John is trying to decide whether to