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What is the present value of $200 to be received 10 years from now using a 7% discount rate?
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4 votes
What is the present value of $200 to be received 10 years from now using a 7% discount rate?

User Kamran Shahid
by
4.3k points

2 Answers

5 votes

Answer:

$117.65

Step-by-step explanation:

P=S/(1+rt)

P=200/(1+0.07x10)

P=$117.65

User Hdost
by
5.1k points
3 votes
$102 if I understood the question properly!
User Grease
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5.1k points
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