Multiple Choice
If a 10% discount rate is used, what is the present value of the following two cash inflows?
£1,600 received in one year's time, plus
£2,000 received in two years' time.
A) £3,116
B) £2,988
C) £3,276
D) £3,148
Correct Answer:
Verified
Correct Answer:
Verified
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