Which of the Following Has a Present Value of $100

question 136

Multiple Choice

Which of the following has a present value of $100?

• A)$109.12 in two years when the interest rate is 4 percent
• B)$113.98 in two years when the interest rate is 6 percent
• C)$116.64 in two years when the interest rate is 8 percent
• D)$123.17 in two years when the interest rate is 10 percent

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Definitions:

Fernando Botero

A Colombian figurative artist and sculptor, known for his signature style featuring exaggerated, voluptuous forms.

Mount St. Helens

An active stratovolcano located in Washington State, USA, known for its major eruption on May 18, 1980.

Abstract Landscape

An artistic representation of landscapes that emphasizes shapes, colors, and forms over realistic depictions, aiming to express emotions and ideas.

La Grande Louvre Pyramide

A large glass and metal pyramid serving as the main entrance to the Louvre Museum in Paris, France, designed by architect I. M. Pei.