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What is the present value of a program that will be worth $3,567,000 if it lasts for six years and the rate of return is five percent?
Suggested Answer: D
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12 comments · newest first
SY
Sylvie
1 year ago
Is it really $1.5 million? That seems way too low!
TA
Tanesha
1 year ago
Totally agree, $2,661,750 seems about right!
NA
Nadine
1 year ago
Wait, how can it be that low? Sounds off to me.
MA
Magdalene
1 year ago
I think it's around $2.5 million, right?
VI
Vicente
1 year ago
The present value is calculated using the formula for PV.
SU
Susana
1 year ago
I feel like I might have seen an answer close to $2,661,750 in one of our practice quizzes, but I can't recall the exact calculation.
BU
Burma
1 year ago
I practiced a question where we had to discount cash flows, and I think I remember that the formula involves dividing by (1 + rate)^n.
MI
Mitzie
1 year ago
I think the present value should be less than the future value, but I’m torn between a couple of the options here.
EL
Eleni
1 year ago
I remember we did a similar problem in class about calculating present value, but I’m not sure if I used the right formula for this one.
FL
Flo
1 year ago
Hmm, I'm a bit confused by the wording here. Let me read it over again carefully.
EL
Elza
1 year ago
I'm pretty sure the answer is Forbearance, but I'll double-check my notes just to be sure.
TE
Teri
1 year ago
I'm a bit confused about the requirement to pass the contact type information to the form using the Xrm.Navigation.openForm function. I'll need to review the documentation on that function to make sure I understand how to properly configure the parameter.