An investment will pay you $120 in one year and $200 in two years. If the interest rate is 4%, what is the present value of these cash flows?
A) $304.91
B) $307.69
C) $300.29
D) $320.00
Correct Answer:
Verified
Q98: The rule of 72 tells you approximately
Q99: If the one-year discount factor is equal
Q100: Is there a need to distinguish between
Q101: Consider the following timeline: Q102: Sara wants to have $600,000 in her Q104: To compute the future value of a Q105: Jeff has the opportunity to receive lump-sum Q106: On the day Harry was born, his Q107: If an analyst incorrectly adds cash flows Q108: Consider the following timeline:
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents