Consider the following timeline: If the current market rate of interest is 9%, then the present value of this timeline as of year 0 is closest to:
A) $492
B) $637
C) $600
D) $400

Question

Consider the following timeline:  If the current market rate of interest is 9%, then the present value of this timeline as of year 0 is closest to:
A) $492 
B) $637 
C) $600 
D) $400

Quizplus · Accepted Answer

The Answer of Consider the following timeline:  If the current market rate of interest is 9%, then the present value of this timeline as of year 0 is closest to:
A) $492 
B) $637 
C) $600 
D) $400

Consider the Following Timeline: If the Current Market Rate