What Is the Present Value of $800 to Be Received

question 13

Multiple Choice

What is the present value of $800 to be received in 5 years' time when the discount rate is 9% p.a.compounded quarterly?

• A)$519.95
• B)$512.65
• C)$509.75
• D)$515.69

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Definitions:

ICD-10-PCS

International Classification of Diseases, Tenth Revision, Procedure Coding System; a coding system used to document medical procedures and services.

Hospital Inpatient

An individual who has been admitted to a hospital and stays overnight or for multiple days for medical care.

Combination Code

An ICD code in which two diagnoses are included in one code.

Diagnoses

The identification of the nature and cause of a health issue, often determined through examination and the use of diagnostic tests.