What Is the Present Value of $100 Promised One Year

question 47

Multiple Choice

What is the present value of $100 promised one year from now at 10% annual interest?

• A) $89.50
• B) $90.00
• C) $90.91
• D) $91.25

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Definitions:

Implicit Propositions

Propositions that are not directly stated but implied within an argument or statement.

Syllogisms

Syllogisms are a form of deductive reasoning consisting of a major premise, a minor premise, and a conclusion, where the conclusion logically follows from the two premises.

Syllogisms

Logical structures that use deductive reasoning to come to a conclusion based on two or more propositions that are asserted as true, highlighting the relationship between different sets of items.

Extended Argument

A complex argument that involves a series of premises leading to a conclusion, often spanning a significant portion of a discourse or text.