What Is the Present Value of $888 in a One

question 19

Multiple Choice

What is the present value of $888 in a one year if the current rate of interest is five percent?

• A)$4,440
• B)$845.71
• C)$177.60
• D)none of these

---

Definitions:

Pinna

The outer part of the ear, made of cartilage and skin, which functions in capturing sound waves and directing them into the ear canal.

Indurated Base

Describes the firm or hardened area at the base of a skin lesion, which can be indicative of underlying disease or infection.

Crusty Nodule

A small, hardened lump on the skin that has a rough or crusty surface; can be indicative of various skin conditions.

Carcinoma

A type of cancer that begins in the skin or in tissues that line or cover internal organs, often forming solid tumors.