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:

Verified
Correct Answer:
Verified
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