Reading 5: The Time Value of Money- LOS d, (Part 4)～ Q6 interest, received, present, white

mayanfang1

Q6. What is the total present value of $200 to be received one year from now, $300 to be received 3 years from now, and $600 to be received 5 years from now assuming an interest rate of 5%?

A)   $980.89.

B)   $905.87.

C)   $919.74.

mayanfang1

答案和详解如下：

Q6. What is the total present value of $200 to be received one year from now, $300 to be received 3 years from now, and $600 to be received 5 years from now assuming an interest rate of 5%?

A)   $980.89.

B)   $905.87.

C)   $919.74.

Correct answer is C)

200 / (1.05) + 300 / (1.05)³ + 600 / (1.05)⁵ = 919.74.

yuki0618

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C-Rachel

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tofjing

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abletang

Thank you!

ff1980

thaks

zeraeh

看答案，谢谢LZ

Linda123

la la

connie198226

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