Multiple Choice
Calculate the present value of an investment that will be worth $2,000 after 3 years at 8% per year compounded annually. Round your answer to the nearest cent.
A) $1,587.66
B) $1,574.51
C) $1,715.81
D) $2,258.90
E) $1,944.78
Correct Answer:
Verified
Correct Answer:
Verified
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