Software
CSTE · Question #124
CSTE Question #124: Real Exam Question with Answer & Explanation
The correct answer is B. $8770. See the full explanation below for the reasoning.
Question
What is the present value of money of a $10,000 expenditure that you will spend one year from now if money is worth 14 percent?
Options
- A$1600
- B$8770
- C$8600
- D$2630
Community Discussion
No community discussion yet for this question.