menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Study Set 1
  4. Exam
    Exam 11: Time and Uncertainty
  5. Question
    The Present Value of $300,000 in 12 Years at 4
Solved

The Present Value of $300,000 in 12 Years at 4

Question 87

Question 87

Multiple Choice

The present value of $300,000 in 12 years at 4 percent interest is approximately:


A) $187,379.
B) $312,451.
C) $427,126.
D) None of these statements is true.

Correct Answer:

verifed

Verified

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

Related Questions

Q4: Insurance premiums represent:<br>A) the expected value of

Q72: Different banks:<br>A) may offer loans at different

Q77: Expected value is:<br>A) the average of each

Q83: Rational people preferring immediate benefits and delayed

Q84: Risk pooling:<br>A)doesn't reduce the risk of catastrophes

Q88: One way people cope with uncertainty about

Q90: In terms of insurance,which of the following

Q91: John is trying to decide whether to

Q92: Whenever individuals think about investing money in

Q102: Investing in things with unrelated risk is:<br>A)

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