With an interest rate of 5 percent, the present value of ~ 100 received one year from now is approximate:
A. Rs. 95.238
B. Rs. 105
C. Rs. 100
D. Rs. 95
Answer:B
With an interest rate of 5 percent, the present value of ~ 100 received one year from now is approximate:
A. Rs. 95.238 B. Rs. 105 C. Rs. 100 D. Rs. 95