What is the total present value of $90 received in one year, $250 received in...

50.1K

Verified Solution

Question

Finance

What is the total present value of $90 received in one year, $250 received in two years, and $800 received in five years if the discount rate is 8%?

A. $842.13

B. $803.24

C. $757.25

D. $681.68

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students