What Is the Present Value of a Payment of $200

question 135

Multiple Choice

What is the present value of a payment of $200 to be made one year from today if the interest rate is 10 percent?

• A)$180
• B)$181.82
• C)$220
• D)$222.22

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Definitions:

American Government

The federal government of the United States, comprising three branches: executive, legislative, and judicial, established to govern the country as outlined in the U.S. Constitution.

Surveillance

The systematic observation or monitoring of individuals, places, or activities for the purpose of information gathering, influencing, managing or directing.

Breakdown Theory

A sociological theory that explains social breakdowns and dysfunction as the result of large-scale societal stress and strain.

Relative Deprivation

The subjective feeling of being worse off or deprived of opportunities or resources when compared to others within a society or group.