benson4937 benson4937
  • 21-04-2020
  • Business
contestada

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

Respuesta :

zoey2227 zoey2227
  • 21-04-2020
$102 if I understood the question properly!
Answer Link
Sally2020
Sally2020 Sally2020
  • 21-04-2020

Answer:

$117.65

Explanation:

P=S/(1+rt)

P=200/(1+0.07x10)

P=$117.65

Answer Link

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