You Are Supposed to Receive $2,000 fiVe Years from Now

Multiple Choice

You are supposed to receive $2,000 five years from now. At an interest rate of 6%, what is that $2,000 worth today?

A) $1,491.97
B) $1,492.43
C) $1,494.52
D) $1,497.91
E) $1,499.01