Multiple Choice
What is the present value of $6,811 to be received in one year if the discount rate is 6.5 percent?
A) $6,395.31
B) $6,023.58
C) $6,643.29
D) $6,671.13
E) $7,253.72
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q76: Over the next three years,Marti plans to
Q77: The preferred stock of ABC Co.offers a
Q78: You are comparing two annuities with equal
Q79: An annuity stream of cash flow payments
Q80: You expect an investment to return $11,300,$14,600,$21,900,and
Q82: Donaldson's purchased some property for $1.2 million,paid
Q83: The pawn shop adds 2 percent to
Q84: A flow of unending annual payments that
Q85: You need some money today and the
Q86: Given a stated interest rate,which form of