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

question 58

Multiple Choice

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

• A) $60,000.00
• B) $63,016.96
• C) $78,771.20
• D) $110,279.68

---

Definitions:

Nervous

Pertaining to the nervous system, or experiencing feelings of anxiety, tension, or excitement.

Adaptive Strategies

Approaches or methods evolved by organisms, populations, or people to cope with environmental changes and challenges.

Conscious Awareness

The state or quality of being aware of an external object or something within oneself.

Cingulate Cortex

A part of the brain situated in the medial aspect of the cerebral cortex, involved in emotional processing and regulation.