The Present Value of $100 to Be Received 10 Years

question 39

Multiple Choice

The present value of $100 to be received 10 years from today,assuming an opportunity cost of 9 percent,is: (Round to the nearest whole dollar)

• A) $236
• B) $699
• C) $42
• D) $75
• E) $50

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Definitions:

Complex Ideas

Ideas that are composed of many different elements or aspects, often requiring deep thought or extensive knowledge to understand.

Incubate

To provide a controlled environment for the growth or development of organisms, ideas, or diseases.

Creativity

The ability to produce original and valuable ideas or objects.

Creativity

Creativity involves the ability to produce original and valuable ideas or solutions through imagination and innovation.