Calculate the present value of $100,000 received in six months. Use an annual discount rate of 10%. Do not adjust the discount rate to a semi-annual rate. Keep it annual and adjust "n" to the appropriate value.
A) $ 56,447
B) $ 90,909
C) $100,000
D) $ 95,346

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The Answer of Calculate the present value of $100,000 received in six months. Use an annual discount rate of 10%. Do not adjust the discount rate to a semi-annual rate. Keep it annual and adjust "n" to the appropriate value.
A) $ 56,447
B) $ 90,909
C) $100,000
D) $ 95,346

Calculate the Present Value of $100,000 Received in Six Months