What Is the Present Value of a Payment of $100

question 321

Multiple Choice

What is the present value of a payment of $100 to be made one year from today?

• A)$100*(1 + r)
• B)$100/(1 + r)
• C)$100 - $100r
• D)$100 - (1 + r)/$100

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Definitions:

Medieval Weapon

Weapons used during the Middle Ages in Europe, including swords, bows, spears, and various types of siege engines.

Gunpowder

Gunpowder is a chemical explosive made from sulfur, charcoal, and potassium nitrate, playing a crucial role in the development of firearms and artillery in warfare.

Crossbow

A medieval weapon consisting of a bow mounted on a stock that shoots projectiles, known as bolts or quarrels, which was used for hunting and warfare.

Jewish

Relating to, associated with, or denoting Jews or Judaism.