In the Equation Below,the Number "100" Represents

question 97

Multiple Choice

In the equation below,the number "100" represents
$75) 13 = $100 / (1 + .1) ³

• A) the present value a cash flow to be received at a later date.
• B) the future value a cash flow to be received at a later date.
• C) the discount rate for the future cash flow.
• D) the number of periods before the cash flow is to be received.

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