What Is the Present Value of a $750 Payment Made

question 88

Multiple Choice

What is the present value of a $750 payment made in three years when the discount rate is 5 percent?

• A) $646.96
• B) $647.88
• C) $712.50
• D) $868.22

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Definitions:

Training Sessions

Organized events designed to enhance the skills, knowledge, and performance of employees or participants in a specific area or field.

Mentoring Relationship

A dyadic, long-term relationship where a more experienced individual (mentor) provides guidance and support to a less experienced person (mentee).

Mentoring Period

A designated time frame in which a more experienced individual provides guidance and support to a less experienced mentee.

Education And Training

Activities and programs designed to enhance the knowledge, skills, and competencies of individuals or employees in a specific area.