What Is the Present Value of $45,000 to Be Received

question 39

Multiple Choice

What is the present value of $45,000 to be received 50 years from today if the discount rate is 8 percent?

• A) $959.46
• B) $1,147.07
• C) $841.41
• D) $1,106.18
• E) $1,291.06

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Definitions:

Receptionist

A person typically employed in an office or administrative setting to manage front desk tasks including answering phones and greeting visitors.

Client Information

Client Information consists of data and details pertaining to clients or customers that businesses collect and maintain for records or analysis.

File Format

The structure or organization of data within a file, which determines how it is stored and accessed by software, such as PDF or JPEG.

JPEG

JPEG (Joint Photographic Experts Group) is a commonly used method of lossy compression for digital images, particularly for those images produced by digital photography.