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Present and Future Value Tables of $1 at 3% Are

Question 79

Multiple Choice

Present and future value tables of $1 at 3% are presented below:
Present and future value tables of $1 at 3% are presented below: -Monica wants to sell her share of an investment to Barney for $50,000 in three years. If money is worth 6% compounded semiannually, what would Monica accept today? A) $8,375. B) $41,874. C) $11,941. D) $41,000.
-Monica wants to sell her share of an investment to Barney for $50,000 in three years. If money is worth 6% compounded semiannually, what would Monica accept today?


A) $8,375.
B) $41,874.
C) $11,941.
D) $41,000.

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