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Find the Present Value of the Future Amount $19,000\$ 19,000 For 11 Months; Money Earns

Question 142

Multiple Choice

Find the present value of the future amount. Assume 365 days in a year. Round to the nearest cent.
- $19,000\$ 19,000 for 11 months; money earns 5.6%5.6 \%


A) $18,072.29\$ 18,072.29
B) $18,152.87\$ 18,152.87
C) $18,944.00\$ 18,944.00
D) $17,992.42\$ 17,992.42

Correct Answer:

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