### Finance: Multiple Choice questions on Time Value of Money

Identify the letter of the choice that best completes the statement or answers the question. ____ 1. How much must be invested today to have $1,000 in two years if the interest rate is 5%? a. $909.09 b. $900.00 c. $907.00 d. $950.00 ____ 2. Find the present value of $100 to be received at the end of two years if th