The present value of $400 to be received at the end of 10 years, if the discount rate is 5%, is [blank].
A)$400.00
B)$248.40
C)$313.60
D)$245.60

Name: The present value of $400 to be received at the end of 10 years, if the discount rate is 5%, is [blank]. A)$400.00 B)$248.40 C)$313.60 D)$245.60
Brand: Quizplus
Rating: 4.9 (35 reviews)

Question

Quizplus · Accepted Answer

The Answer of The present value of $400 to be received at the end of 10 years, if the discount rate is 5%, is [blank].
A)$400.00
B)$248.40
C)$313.60
D)$245.60

The Present Value of $400 to Be Received at the End