​The Present Value of $200,000 Development Costs in Year 0

question 22

Multiple Choice

​The present value of $200,000 development costs in year 0 assuming a 10% discount rate is:

• A)$180,000
• B)​$190,000
• C)​$200,000
• D)​$210,000

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Definitions:

Connective

A word or phrase in logic that connects propositions, such as "and," "or," and "not."

Asserted

To declare affirmatively; to state as a fact.

Connective

In logic and linguistics, a word or phrase that links sentences or clauses, such as and, or, but.

Clause

A logical unit within a sentence, containing a subject and a predicate, which may stand alone or function as part of a larger sentence.