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    Exam 29: Interest Rent and Profit
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    The Present Value of $2,000 One Year in the Future
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The Present Value of $2,000 One Year in the Future

Question 114

Question 114

Multiple Choice

The present value of $2,000 one year in the future at a 6.5 percent interest rate is approximately


A) $4,045
B) $1,300.
C) $2,130.
D) $1,878.

Correct Answer:

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