Multiple Choice
What is the present value (PV) of $100,000 received five years from now,assuming the interest rate is 8% per year?
A) $60,000.00
B) $68,058.32
C) $73,502.99
D) $82,609.42
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q37: Samantha enters a rent-to-own agreement for living
Q38: What is the future value (FV)of $60,000
Q39: You are scheduled to receive $10,000 in
Q40: Which of the following statements regarding the
Q41: A U.S.-based manufacturer of sunscreen is contemplating
Q43: You see on Craigslist that a used
Q44: Use the table for the question(s)below.<br>Consider the
Q45: Refer to the table above.An international seafood
Q75: In order to distinguish between inflows and
Q111: How does arbitrage help the Law of