What is the present value of a $27 revenue that will be received in one year where the rate of return is 8% (.08)?

Name: What is the present value of a $27 revenue that will be received in one year where the rate of return is 8% (.08)?
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Quizplus · Accepted Answer

The present value (PV) is calculated using the formula PV = FV / (1 + r)^n, where FV is the future value, r is the rate of return, and n is the number of periods. Here, PV = $27 / (1 + 0.08)^1 = $25.00.

What Is the Present Value of a $27 Revenue That