What Is the Present Value (PV) of $90,000 Received Six

question 67

Multiple Choice

What is the present value (PV) of $90,000 received six years from now, assuming the interest rate is 5% per year?

• A) $58,500.00
• B) $57,085.48
• C) $67,159.39
• D) $117,528.93

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Definitions:

Diversity

All forms of difference among individuals, including culture, gender, age, ability, religion, personality, social status, and sexual orientation.

Uncertainty Avoidance

A cultural dimension that reflects the extent to which members of a society attempt to cope with anxiety by minimizing uncertainty.

Diversity

The inclusion of individuals from various backgrounds, cultures, races, genders, sexual orientations, etc., enriching a community or organization.

Demographic Changes

Refers to the alterations in the composition of a population over time, including-age distribution, birth and death rates, and migration patterns.