You are promised that when you retire from your current job, in 40 years' time, you will receive a gold watch valued at $1 000. if you can invest money at 5% annual interest, what is the present worth of this promise?
select one:

a. $142
b. $167
c. $211
d. $156
e. $231

In each of the following cases, find the unknown variable. ignore taxes. (do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) accounting unit price unit variable cost fixed costs depreciation break-even 20,500 $ 44 $ 24 $ 275,000 $ 133,500 44 4,400,000 940,000 8,000 75 320,000 80,000