Busıness Fınance I Deneme Sınavı Sorusu #858769

If you need 1000 TL at the end of the year, How much should you put into bank account paying 10% for a year?


1000

1100

900,90

990,90

909,09


Yanıt Açıklaması:

The present value of 1.000 one year from now equals 909,09. So if you take this amount and put it into the bank account paying 10% for one year. You will end up with the 1.000 you need at the end of the year.

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