Find the Present Value of the Future Amount $\$ 300$ For 9 Months; Money Earns

Multiple Choice

Find the present value of the future amount. Assume 365 days in a year. Round to the nearest cent.
- $\$ 300$ for 9 months; money earns $2 \%$

A) $\$ 4.43$
B) $\$ 296.05$
C) $\$ 294.12$
D) $\$ 295.57$