What Is the Present Value of $100,000 That Will Be

question 3

Multiple Choice

What is the present value of $100,000 that will be received 20 years from now if the nominal discount rate is 11 percent, discounted continuously?

• A) $21,240
• B) $11,080
• C) $16,421
• D) None of these are correct

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Definitions:

Market Share

The percentage of an industry's total sales that is earned by a particular company over a specified time period, indicating its dominance in the market.

Performance

The act of carrying out or performing a task, operation, or function, usually measured against a set standard or expectation.

Measure

A method or tool used to assess or quantify characteristics, outcomes, or performances.

Leadership Processes

The methods and activities through which leadership is exercised, including decision-making, motivating, and directing team members.