Question

what is the present value of the amount received after 5 years, when the amount is $200, and the rate of interest is 5%
a)121.34
b)176.41
c)156.71
d)132.62

Answer 1

Answer:

so the present value of the amount 200 received after 5 years is = $ 1,000

Explanation:

So the present value is 1,000× 5 years =

$5,000