The Present Value of $100 Received at the End of Year

question 85

Multiple Choice

The present value of $100 received at the end of year 1, $200 received at the end of year 2, and $300 received at the end of year 3, assuming an opportunity cost of 13 percent, is ________.

• A) $ 453
• B) $ 416
• C) $1,181
• D) $ 500

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Definitions:

Double-Groove Joint

A type of joint where two parallel grooves are made on each piece of material to be joined, typically used in welding for increased strength.

Joint Preparation

The process of preparing the edges of material pieces that are to be joined together, often by welding, to ensure a strong and clean join.

Root Reinforcement

A reinforcement technique used to strengthen the area near the root of a weld, ensuring enhanced durability and support.

Melt-Through Symbol

A welding symbol used to indicate where complete joint penetration is required in a weld, ensuring that the weld metal fully penetrates the joint.