The Formula for Finding the Present Value of an Amount

question 127

Multiple Choice

The formula for finding the present value of an amount M that will be received one year from now, when the interest rate is R, is

• A) M × (1 + R/100).
• B) M × (1 + R).
• C) M / (1 + R).
• D) M / R.
• E) M / (100R).

---

Definitions:

Population Surveys

Research methods that collect data from a specific population or sample to gather insights on various aspects like health, opinions, or social conditions.

Overweight

A condition characterized by having more body weight than is considered healthy for a certain height, often measured by Body Mass Index (BMI).

Obese

A medical condition characterized by excessive body fat accumulation, increasing the risk of health problems.

Body Mass Index (BMI)

A numerical value calculated from a person's weight and height, used as an indicator to categorize their body weight as underweight, normal weight, overweight, or obese.