If the Current Rate of Interest Is 8%, Then the Present

question 47

Multiple Choice

If the current rate of interest is 8%, then the present value (PV) of an investment that pays $1200 per year and lasts 24 years is closest to ________.

• A) $7581
• B) $15,162
• C) $12,635
• D) $17,689

---

Definitions:

Indicator

A measurement or signal that can be used to gauge certain financial conditions or market trends.

Put/Call Ratio

A technical indicator that measures the number of put options being traded relative to call options, often used to gauge market sentiment or investors' expectations about market direction.

Indicator

A statistic or metric used to gauge future trends in financial markets, economies or other financial entities.

Short Interest

A financial metric indicating the quantity of a company's shares that are currently sold short and have not yet been covered or closed out.