Multiple Choice
If the single amount of $2000 is to be received in 2 years and discounted at 11% its present value is
A) $1818.
B) $1623.
C) $1802.
D) $2754.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q62: Jose Reynolds deposited $10000 in an account
Q63: The future value of a single amount
Q64: Which of the following is not necessary
Q65: Peter Johnson invests $35516.80 now for a
Q66: The present value of $10000 to be
Q67: Rob Honda plans to buy a home
Q68: If $30000 is deposited in a savings
Q69: Sarah Denny purchased an investment for $40260.48.
Q71: Cecilia Jeffries purchased an investment for $49090.75.
Q72: In computing the present value of an