Question: Need help with this practice question. Thank you in advanced! Question 19 What is the present value of a $100,000 cash that is receivable in

Need help with this practice question. Thank you in advanced!

Need help with this practice question. Thank you in advanced! Question 19

Question 19 What is the present value of a $100,000 cash that is receivable in 1 year, when the market rate of interest is 8% per annum? Not yet saved Marked out of 1.00 Select one: $92,593 P Flag question $108,000 $92,336 $85,774

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