PMI PgMP Exam - Topic 1 Question 5 Discussion

Actual exam question for PMI's PgMP exam

Question #: 5
Topic #: 1

You are the program manager for your organization. Management would like to consider the present value for your program. If your program is predicted to be worth $450,000 in two years what is the present value of the program if the interest rate is six percent?

A$400,498

B$521,345

C$505,620

D$385,450

Show Suggested Answer

Suggested Answer: A

by Helga at May 03, 2022, 12:49 PM

Limited Time Offer

25%

Off

Get Premium PgMP Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Avery

5 months ago

Not sure about that, I thought it would be higher.

upvoted 0 times

...

William

6 months ago

Totally agree, $400,498 makes sense with the interest rate.

upvoted 0 times

...

German

6 months ago

Wait, is it really that low? Seems surprising!

upvoted 0 times

...

Lauran

6 months ago

I calculated it too, and I got around $400,498.

upvoted 0 times

...

Alfred

6 months ago

The present value formula is PV = FV / (1 + r)^n.

upvoted 0 times

...

Lorriane

6 months ago

I’m a bit confused about the interest rate application here. Is it compounded annually? I hope I can remember how to apply it correctly.

upvoted 0 times

...

Chaya

6 months ago

I feel like I’ve seen options like these before in practice exams. I think I might lean towards option A, but I need to double-check my calculations.

upvoted 0 times

...

Moon

6 months ago

I remember we did a similar question in class about calculating present value, but I’m not sure if I remember the formula correctly.

upvoted 0 times

...

Carmelina

7 months ago

I think the present value formula is PV = FV / (1 + r)^n. If I plug in the numbers, I might get around $400,000, but I’m not entirely confident.

upvoted 0 times

...

Carman

7 months ago

Hmm, I'm a bit unsure about this one. I know the ASA has some features to handle web resources, but I can't remember the specific name. I'll have to think this through carefully.

upvoted 0 times

...

Flo

7 months ago

Alright, I think I've got this. NTFS and HFS both store MAC attributes in UTC, while FAT uses local time. I'm not sure about GFS, but I'll go with NTFS and HFS as my answer.

upvoted 0 times

...

Valentine

7 months ago

Okay, let me think this through. The key is to determine if the underlined text accurately describes the bubble sort algorithm. I'll need to draw on my knowledge of sorting algorithms to make that assessment.

upvoted 0 times

...

Corrinne

7 months ago

I'm feeling pretty confident about this one. Bandit and Median stopping seem like the best options based on the requirements.

upvoted 0 times

...