If an Asset Has a Present Value of $50 and Appreciates

question 57

Multiple Choice

If an asset has a present value of $50 and appreciates at an interest rate of 4%,what is the asset's future value in 47 compounding periods?

• A) Approximately $400
• B) Approximately $316
• C) Approximately $137
• D) Approximately $1143

---

Definitions:

Reverse Auction

In an e-marketplace, an online auction in which a buyer communicates a need for a product or service and would-be suppliers are invited to bid in competition with each other.

E-commerce Marketspaces

Digital platforms or environments where buyers and sellers engage in commerce, trading goods and services online.

Independent Trading Community

A group or platform that allows individuals to trade goods, services, or financial instruments directly without intermediaries.

E-marketplaces

Virtual platforms where buyers and sellers meet to exchange goods, services, or information.