Program Management Professional (PgMP) — Question 75

What is the present value of a program that will be worth $3,567,000 if it lasts for six years and the rate of return is five percent?

Answer options

• A. $1,550,850
• B. $3,532,000
• C. $2,502,750
• D. $2,661,750

Correct answer: D

Explanation

The correct answer, D, is the present value calculated using the formula for present value, which takes into account the future value, the interest rate, and the time period. The other options do not accurately reflect the calculation, either being too high or too low based on the given parameters.