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 $87.34. This is because the present value is the amount of money that, if invested today at the given interest rate, would grow to $100 in two years. The formula for calculating the present value is: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, the future value is $100, the annual interest rate is 7%, and the number of years is 2. Plugging these values into the formula, we get:PV = 100 / (1 + 0.07)^2PV = 100 / 1.1449PV = $87.34

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