What Is the Present Value of $150,000 to Be Received

question 61

Multiple Choice

What is the present value of $150,000 to be received 10 years from today if the discount rate is 11 percent?

• A)$52,827.67
• B)$61,147.07
• C)$64,141.41
• D)$69,806.18
• E)$73,291.06

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Definitions:

Social Justice

A concept focusing on the fair distribution of wealth, opportunities, and privileges within a society.

Equitable Distribution

The fair and just allocation of resources or opportunities among a group of people.

Community

A group of people living in the same place or having a particular characteristic in common, often sharing a sense of belonging and mutual support.

Online Groups

Communities or assemblies of individuals who interact with each other via the Internet, often sharing a common interest or goal.