What Is the Present Value of a $200 Payment Made

question 27

Multiple Choice

What is the present value of a $200 payment made in three years when the discount rate is 8 percent?

• A) $150.00
• B) $158.77
• C) $251.94
• D) $515.42

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Definitions:

Cheating

The act of being dishonest or breaking rules to gain an unfair advantage, especially in a competitive situation.

Passionate Love

An intense emotional state characterized by romantic attraction, physical desire, and an overwhelming fascination with another person.

Collectivist Societies

Societies that prioritize the needs and goals of the group over the individual, emphasizing community and cooperation.

Arranged Marriages

Marriages where the spouses are selected by individuals other than the people getting married, often based on considerations like family ties, social status, and cultural norms.