What Is the Present Value of $100 Two Years from Now

question 174

Multiple Choice

What is the present value of $100 two years from now at an interest rate of 6%?

• A) $6
• B) $89
• C) $94.34
• D) $106

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Definitions:

Fertilization

The process of combining male and female gametes, leading to the formation of a zygote and the beginning of embryonic development.

Embryonic Germ Layers

The three primary layers of cells (ectoderm, mesoderm, and endoderm) in the embryo from which all tissues and organs develop.

Acrosome

A vesicle at the tip of a sperm cell containing enzymes that help the sperm penetrate the egg.

Umbilical Cord

A flexible cordlike structure containing blood vessels and attaching a human or other mammalian fetus to the placenta during gestation.