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

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Definitions:

Aphasia

Any of a number of linguistic disorders caused by injury to or malformation of the brain.

Specific Language Impairment

A developmental disorder where children experience difficulties acquiring language despite normal intelligence and sensory abilities.

Williams Syndrome

a rare genetic disorder characterized by distinctive facial features, heart defects, developmental delays, and a unique personality profile that includes being highly sociable.

Intelligence

The ability to learn from experience, adapt to new situations, understand complex concepts, and use various forms of reasoning.