The present value of $200 to be 1 point received 10 years from today, assuming...
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Accounting
The present value of $200 to be 1 point received 10 years from today, assuming an opportunity cost (discount rate) of 10 percent, is $50.57 $200.65 $518.25 $77.11 Mark wants to start a savings 1 point account with a goal of having $20,000 in 20 years. How much would he need to save today, to reach his goal, if the annual interest rate is 5% ? $7.698.84 $7,537,79 $7,465.81 $7,431.78 When the amount earned on a 1 point deposit has become part of the principal at the end of a specified time period the concept is called discount interest. compound interest. primary interest. future value
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