Solved

Find the Present Value of the Future Amount $\$ 300$ For 327 Days; Money Earns

Question 114

Multiple Choice

Find the present value of the future amount. Assume 365 days in a year. Round to the nearest cent.
- $\$ 300$ for 327 days; money earns $3 \%$

A) $\$ 291.26$
B) $\$ 292.17$
C) $\$ 292.15$
D) $\$ 7.85$

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