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Using Only the Information in the Table Below,approximately How Much

Question 18

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Using only the information in the table below,approximately how much would you pay today for an investment that pays $0 annual interest,but earns 8% interest over the next four years and has a face value at maturity of $13,500? Present Value Factor for Reversion of $1
Using only the information in the table below,approximately how much would you pay today for an investment that pays $0 annual interest,but earns 8% interest over the next four years and has a face value at maturity of $13,500? Present Value Factor for Reversion of $1   A) $8,000 B) $9,000 C) $10,000 D) $11,000


A) $8,000
B) $9,000
C) $10,000
D) $11,000

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