What is the present value of $150,000 to be received 8 years from today if the discount rate is 11 percent?
A) $65,088.97
B) $71,147.07
C) $74,141.41
D) $79,806.18
E) $83,291.06
Correct Answer:
Verified
Q21: Gerold invested $6,200 in an account that
Q22: Your father invested a lump sum 26
Q23: You are depositing $1,500 in a retirement
Q24: You collect old coins. Today, you have
Q26: You just received $225,000 from an insurance
Q28: Travis invested $9,250 in an account that
Q29: Alex invested $10,500 in an account that
Q30: You own a classic automobile that is
Q31: This morning, TL Trucking invested $80,000 to
Q38: You would like to give your daughter
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents