Multiple Choice
What is the present value (PV) of $280 000 received 25 years from now, assuming the interest rate is 4% per year?
A) $138 422.76
B) $140 000.00
C) $176 452.99
D) $105 032.70
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q45: To enable costs and benefits to be
Q46: A company decides to close down its
Q47: Which of the following statements is FALSE?<br>A)A
Q48: Which of the following statements regarding the
Q49: You have a used CD store. At
Q51: What is the future value (FV)of $20
Q52: The State Bank offers an interest rate
Q53: Another oil refiner is offering to trade
Q54: A backhoe can dig 175 metre of
Q55: Sara wants to have $500 000 in