What Is the Present Value (PV) of $90,000 Received Six

question 67

Multiple Choice

What is the present value (PV) of $90,000 received six years from now, assuming the interest rate is 5% per year?

• A) $58,500.00
• B) $57,085.48
• C) $67,159.39
• D) $117,528.93

---

Definitions:

Negotiated

The process of discussing to reach an agreement or compromise between parties with differing interests or positions.

Roles

Roles are the functions or positions that individuals occupy in a social, professional, or organizational context, defining their responsibilities and expectations.

In-group

A social group to which a person psychologically identifies as being a member, contrasting with an "out-group" which one does not identify with.

Negotiating

The process of discussing and reaching a mutually agreeable outcome or settlement between two or more parties with different preferences or interests.