To Determine the Present Value of Any Future Amount, You

question 55

Multiple Choice

To determine the present value of any future amount, you need to know all of the following except?

• A)the interest rate.
• B)the future amount to be received.
• C)the preference decision.
• D)when the future amount will be received.

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Definitions:

Chemical Equation

A representation of a chemical reaction using symbols of the elements and formulae of compounds.

Coefficients

Numbers placed before the symbols or formulas in a chemical equation, indicating the relative amounts of substances involved in the reaction.

Balanced Equation

A chemical equation in which the number of atoms for each element in the reaction and the total charge are the same on the reactants side and the products side.

HCl

Hydrochloric acid, a strong corrosive acid that is a colorless or slightly yellow liquid when pure.