What Is the Present Value of $25 to Be Received

question 103

Multiple Choice

What is the present value of $25 to be received at the BEGINNING of each year for the next 6 years if the discount rate is 12%?

• A) $125.00
• B) $126.63
• C) $115.12
• D) none of the above

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Definitions:

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An ancient Greek philosopher and polymath whose works spanning politics, metaphysics, ethics, and logic are foundational to Western philosophy.