Consider the following timeline: If the current market rate of interest is 8%, then the present value (PV)of this timeline as of year 0 is closest to ________.
A)$502
B)$653
C)$600
D)$1004

Question

Consider the following timeline:  If the current market rate of interest is 8%, then the present value (PV)of this timeline as of year 0 is closest to ________.
A)$502 
B)$653 
C)$600 
D)$1004

Quizplus · Accepted Answer

The Answer of Consider the following timeline:  If the current market rate of interest is 8%, then the present value (PV)of this timeline as of year 0 is closest to ________.
A)$502 
B)$653 
C)$600 
D)$1004

Consider the Following Timeline: If the Current Market Rate