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题目
题目

BUSFIN 3220 AU2025 (2110) Trial Exam 1 - Requires Respondus LockDown Browser

单项选择题

With an applicable annual interest rate of 10%, what is the present value of a $500,000 lump sum that will be received in 14 years?

选项
A.$126,771.36
B.$131,665.63
C.$132,612.42
D.$130,985.61
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标准答案
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思路分析
Start by identifying what the problem asks: the present value of a lump sum to be received in the future, given an annual interest rate of 10%. The formula to use is PV = FV / (1 + r)^t, where FV is 500,000, r is 0.10, and t is 14 years. Option A: $126,771.36. If we divide 500,000 by (1.10)^14 (whic......Login to view full explanation

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