What Is the Present Value of $100 Two Years from Now

question 370

Multiple Choice

What is the present value of $100 two years from now at an interest rate of 5%?

• A) $105
• B) $95.24
• C) $90.70
• D) $5

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Definitions:

Punishment

A penalty imposed on someone for a wrongdoing or transgression, intended as correction or deterrence.

Integrity

The quality of being honest and having strong moral principles.

NASW Code

The NASW (National Association of Social Workers) Code of Ethics is a set of guidelines for professional conduct in the field of social work, focused on serving the welfare of individuals and communities.

Trustworthiness

The quality or state of being reliable, dependable, and worthy of trust, often regarded as a fundamental trait in personal and professional relationships.