If the annual interest rate is 0 percent, the present value of receiving $210 in the...

If the annual interest rate is 0 percent, the present value of receiving $210 in the next year is:

Multiple Choice

$221.
$200.
$201.
$210.

Solutions

Expert Solution

PV = FV / (1 + r)^t

PV = $210 / (1 + 0)^1

PV = $210

jeff jeffy answered 2 years ago

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