ECONOMICS
MONEY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the present value of $100 realized 2 years from now if the interest rate is 10%?
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$80
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$83
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$90
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$100
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$110
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Explanation:
Detailed explanation-1: -You will receive a response on your dashboard. Your question has been submitted! If the interest rate is 10%, then the present value of $100 to be paid in 2 years is A. $80.
Detailed explanation-2: -the present value of current and future benefits minus the present value of current and future costs. What is the present value of $100 received one year from now, if the interest rate is 5%? a. $1, 200.
Detailed explanation-3: -Answer and Explanation: The present value of $100 to be received in 3 years $75.13.
Detailed explanation-4: -The calculated future value of the investment in 2 years is $121.
There is 1 question to complete.