If the Present Value of $1 Received N Years from Today

question 69

Multiple Choice

If the present value of $1 received n years from today at an interest rate of r is 0.3855, then what is the future value of $1 invested today at an interest rate of r percent for n years?

• A)$1.3855
• B)$2.594
• C)$1.701
• D)Not enough information is given to solve the problem.

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Definitions:

OLAP

Online Analytical Processing, a category of software tools that provides analysis of data stored in a database.

Data Warehouses

Centralized repositories for storing large volumes of data from various sources, structured for query and analysis, supporting business intelligence activities.

Data Marts

Specialized sections of a data warehouse focused on a particular subject or department within an organization, making it easier for users to access relevant information.

Intellectual Asset

Knowledge, information, or a creative expression that has value to an organization or individual, often protected by intellectual property rights.