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PeopleCert CSTE Exam - Topic 4 Question 58 Discussion

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?
B) $8770
A) $1600
C) $8600
D) $2630

PeopleCert CSTE Exam - Topic 4 Question 58 Discussion

Actual exam question for PeopleCert's CSTE exam
Question #: 58
Topic #: 4
[All CSTE Questions]

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?

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Suggested Answer: B

by Wilda at Sep 22, 2022, 09:40 AM

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Alaine
10 months ago
How did they come up with that number?
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Benedict
10 months ago
Totally agree with B, makes sense!
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Leonora
10 months ago
Wait, is it really that high?
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Chantell
10 months ago
I think it's B, $8770 sounds right!
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Mollie
10 months ago
The present value formula is PV = FV / (1 + r)^n.
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Elvis
11 months ago
I thought the present value calculation involved subtracting the interest from the future value, but I'm confused about the exact numbers here.
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Crista
11 months ago
I feel like the answer is around $8770, but I can't quite remember how to get there. Did we use a specific formula for that?
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Marleen
11 months ago
I think we practiced a similar question where we had to discount future cash flows. If I recall, the present value should be less than the future amount.
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Ines
11 months ago
I remember something about calculating present value, but I'm not sure if I got the formula right. Was it just dividing by the interest rate?
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Colette
11 months ago
This is a tricky one. I'll need to think carefully about the difference between legal and ethical behavior.
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Brice
11 months ago
Ah, I see the issue now. The database is set to defer segment creation, so the space isn't being allocated until the table is actually created. I think setting DEFERRED_SEGMENT_CREATION to TRUE would be the quickest fix here.
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Arminda
11 months ago
Okay, the key details are that employees can set their own controls for files and folders, and it's a peer-to-peer network. I think discretionary access control is the answer.
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