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

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