document.write( "Question 892576: what is the present value of receiving $242 two years from today if the interest rate is 10%? \n" ); document.write( "
Algebra.Com's Answer #540600 by Fombitz(32388)\"\" \"About 
You can put this solution on YOUR website!
\"F=P%281%2Bi%29%5En\"\r
\n" ); document.write( "\n" ); document.write( "\"242=P%281%2B10%2F100%29%5E2\"
\n" ); document.write( "\"242=P%281.1%29%5E2\"
\n" ); document.write( "\"P=242%2F1.21\"
\n" ); document.write( "\"P=200\"
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