What Is the Present Value (PV)of $280 000 Received 25

question 50

Multiple Choice

What is the present value (PV) of $280 000 received 25 years from now, assuming the interest rate is 4% per year?

• A)$138 422.76
• B)$140 000.00
• C)$176 452.99
• D)$105 032.70

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Definitions:

Additional Funds

Extra money required or available beyond what was originally budgeted or expected.

Filiform Papillae

Thin, thread-like structures on the tongue's surface involved in sensation rather than taste.

Fungiform Papillae

Mushroom-shaped structures on the tongue, containing taste buds that are responsible for sensing sweet, sour, salty, and bitter tastes.

Circumvallate Papillae

Large taste buds located at the back of the tongue involved in the sensation of taste.