Present Value Calculation Quiz
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Questions and Answers

What is the present value of the investment?

  • $17,500.00
  • $18,000.00
  • $17,800.00
  • $18,300.00 (correct)

    • What is the total amount of payments made over the year?

  • $18,420.00
  • $18,420.60
  • $18,421.00
  • $18,420.72 (correct)

    • How does the compounding frequency affect the present value?

  • Higher compounding frequency decreases present value
  • Compounding frequency affects future value, not present value
  • Compounding frequency does not affect present value
  • Higher compounding frequency increases present value (correct)

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