If you knew that an investment was going to pay you $128 in 5 years,and you knew that the annual interest rate over that time would be 5 percent,you could calculate the present value to be:
A)$99.
B)$90.
C)$105.
D)None of these is true.

Question

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The Answer of If you knew that an investment was going to pay you $128 in 5 years,and you knew that the annual interest rate over that time would be 5 percent,you could calculate the present value to be:
A)$99.
B)$90.
C)$105.
D)None of these is true.

If You Knew That an Investment Was Going to Pay