The Present Value of $10,000 to Be Received Ten Years

question 83

Multiple Choice

The present value of $10,000 to be received ten years from now and earning a 12 percent return (rounded) is

• A)$2,200.
• B)$2,484.
• C)$3,160.
• D)$3,220.

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Definitions:

Particular

In logic, a particular statement is one that claims the existence of at least one instance of something, often contrasted with universal statements that claim something about all instances.

Contrary Propositions

In logic, contrary propositions are pairs of statements that cannot both be true at the same time, but can both be false.

Forms

In logic, refers to the various shapes or structures that arguments or propositions can take, based on the arrangement of their terms or components.

Contradictory

In logical terms, referring to propositions that cannot both be true at the same time.