menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Intermediate Accounting Reporting and Analysis
  4. Exam
    Exam 23: Time Value of Money Module
  5. Question
    The Present Value of $175,000 Received at the End of Six
Solved

The Present Value of $175,000 Received at the End of Six

Question 50

Question 50

Multiple Choice

The present value of $175,000 received at the end of six years discounted at 12% is


A) $89,523
B) $88,660
C) $82,544
D) $126,000

Correct Answer:

verifed

Verified

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

Related Questions

Q22: The method of converting a future dollar

Q46: Taylor would like to retire on December

Q47: The formula for the present value

Q53: What is the formula for the present

Q54: If $100,000 is invested on December 31,

Q55: Jacob Sawyer will deposit $3,000 into a

Q80: What estimations are involved in present value

Q88: Stephen Michaels wants to know how much

Q128: An ordinary annuity is if the cash

Q136: Interest compounded monthly on a $10,000 principal

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