What Is the Present Value of $500

question 12

Multiple Choice

What is the present value of $500.00 to be paid in two years if the interest rate is 5 percent?

• A) $453.51
• B) $550.00
• C) $476.25

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Definitions:

Left Lower Quadrant

An area of the abdomen that contains parts of the large and small intestine, left ovary and fallopian tube in women, and the left ureter.

Neutral

Not taking sides in a conflict or dispute; impartial.

Electrical Charge

A physical property of matter that causes it to experience a force when placed in an electromagnetic field, with two types: positive and negative.

CO₂

Carbon dioxide, a colorless, odorless gas produced by burning carbon and organic compounds and by respiration.