Assuming an Interest Rate of 5%, What Would the Present

question 31

Multiple Choice

Assuming an interest rate of 5%, what would the present value be of $4 million to be received in 4 years?

• A)$2,468,107.42
• B)$2,887,753.24
• C)$3,290,809.89
• D)$3,469,145.89

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Definitions:

Foreskin

The portion of the sleeve-like skin covering the shaft of the penis that extends over the glans penis. Also known as prepuce.

Frenulum

The triangular area of sensitive skin on the underside of the penis, attaching the glans to the foreskin.

Glans

The sensitive bulbous structure at the distal end of the penis or clitoris.

Foreskin

The retractable fold of skin covering the glans of an uncircumcised penis, which plays a role in protection and sexual sensitivity.