Multiple Choice
If the three-year present value annuity factor is 2.673 and two-year present value annuity factor is 1.833, what is the present value of $1 received at the end of the 3 years?
A) $1.1905
B) $0.84
C) $0.89
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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