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PMI PgMP Exam - Topic 6 Question 2 Discussion

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?
D) $2,661,750
A) $1,550,850
B) $3,532,000
C) $2,502,750

PMI PgMP Exam - Topic 6 Question 2 Discussion

Actual exam question for PMI's PgMP exam
Question #: 2
Topic #: 6
[All PgMP Questions]

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?

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Suggested Answer: D

by Evangelina at May 04, 2022, 09:41 AM

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Sylvie
7 months ago
Is it really $1.5 million? That seems way too low!
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Tanesha
7 months ago
Totally agree, $2,661,750 seems about right!
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Nadine
7 months ago
Wait, how can it be that low? Sounds off to me.
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Magdalene
8 months ago
I think it's around $2.5 million, right?
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Vicente
8 months ago
The present value is calculated using the formula for PV.
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Susana
8 months 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.
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Burma
8 months 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.
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Mitzie
8 months ago
I think the present value should be less than the future value, but I’m torn between a couple of the options here.
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Eleni
8 months 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.
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Flo
8 months ago
Hmm, I'm a bit confused by the wording here. Let me read it over again carefully.
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Elza
8 months ago
I'm pretty sure the answer is Forbearance, but I'll double-check my notes just to be sure.
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Teri
8 months 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.
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