Author Question: If the annual interest rate is 5%, the present value of $100 to be received two years from now is (Read 63 times)

allihubbard · **on:** Oct 12, 2022

Question 1

The present value of $100 to be received one year from now, with an annual interest rate of 6%, is
◦ $106.00.
◦ $95.27.
◦ $94.00.
◦ $102.13.
◦ $94.34.

Question 2

If the annual interest rate is 5%, the present value of $100 to be received two years from now is
◦ $90.70.
◦ $87.70.
◦ $110.00.
◦ $95.23.
◦ $97.00.

char00char · **Reply #1 on:** Oct 12, 2022

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