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Present and Future Value Tables of $1 at 11% Are

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Present and future value tables of $1 at 11% are presented below.
Present and future value tables of $1 at 11% are presented below.   -Spielberg Inc. signed a $200,000 noninterest-bearing note due in five years from a production company eager to do business. Comparable borrowings have carried an 11% interest rate. What is the value of this debt at its inception? A)  $200,000. B)  $178,000. C)  $118,690. D)  $222,000.
-Spielberg Inc. signed a $200,000 noninterest-bearing note due in five years from a production company eager to do business. Comparable borrowings have carried an 11% interest rate. What is the value of this debt at its inception?


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