Consider the following timeline: If the current market rate of interest is 9%,then the present value (PV)of this timeline as of year 0 is closest to:
A)$492
B)$637
C)$600
D)$400
E)$463

Question

Consider the following timeline:  If the current market rate of interest is 9%,then the present value (PV)of this timeline as of year 0 is closest to:
A)$492 
B)$637 
C)$600 
D)$400 
E)$463

Quizplus · Accepted Answer

The Answer of Consider the following timeline:  If the current market rate of interest is 9%,then the present value (PV)of this timeline as of year 0 is closest to:
A)$492 
B)$637 
C)$600 
D)$400 
E)$463

Consider the Following Timeline: If the Current Market Rate