Multiple Choice
Compute the present value of a $2,500 deposit in year 4 and another $10,000 deposit at the end of year 8 if interest rates are 15 percent.
A) $4,211.26
B) $4,572.19
C) $4,698.40
D) $4,901.57
Correct Answer:
Verified
Correct Answer:
Verified
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