If the annual interest rate is 7%,the present value of $100 to be received at the end of two years is

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The present value of $100 to be received at the end of two years at an annual interest rate of 7% is $93.46. This can be calculated using the formula:PV = FV / (1 + r)^nwhere:PV is the present valueFV is the future valuer is the annual interest raten is the number of yearsIn this case, FV = $100, r = 7%, and n = 2. Plugging these values into the formula, we get:PV = $100 / (1 + 0.07)^2PV = $100 / 1.1449PV = $93.46

If the Annual Interest Rate Is 7%,the Present Value of $100