What Is the Present Value of a Payment of $100

question 7

Multiple Choice

What is the present value of a payment of $100 to be made one year from today if the interest rate is 6 percent?

• A)$105.26
• B)$105.00
• C)$97.24
• D)$94.34

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Definitions:

Weighted Moving Average Method

A forecasting technique that assigns different weights to historical data points, giving more importance to more recent data.

Pancake Sales

The commercial activity of selling pancakes, which can serve as an indicator of consumer interest or market trends in particular food products.

Forecast for August

A prediction or estimation of future events or conditions specific to the month of August, often used in sales, weather, or production planning.

Past Forecasts

Historical predictions that were made about future events, conditions, or performance levels.