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What is the present value of a $200 payment made in three years when the discount rate is 8 percent?
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What is the present value of a $200 payment made in three years when the discount rate is 8 percent?

User Everet
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2 Answers

3 votes
X/200 8/100 8x x =8x 200x100 =20,000 divide 8 =2,500
User Xander
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3 votes

Answer:

$184

Step-by-step explanation:

8% of 200 is 16. 200 - 16 = 184. Therefore, the answer is $184.

User KaHeL
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5.8k points
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