Which of the Following Statements Best Reflects the Concept of Present

question 51

Multiple Choice

Which of the following statements best reflects the concept of present value?

• A) "The savings bond I bought five years ago is now worth $1,000."
• B) "My $100 savings bond will be worth $200 in 10 years."
• C) "You owe me $500, due at the end of the year, but I will reduce your debt to $450 if you pay me now."
• D) "The $5,000 in my savings account is worth less today than five years ago because of inflation."