What Is the Present Value (PV)of $100,000 Received Five Years

question 42

Multiple Choice

What is the present value (PV) of $100,000 received five years from now,assuming the interest rate is 8% per year?

• A)$60,000.00
• B)$68,058.32
• C)$73,502.99
• D)$82,609.42

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