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    What Is the Value Today of Receiving $2,500 at the End
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What Is the Value Today of Receiving $2,500 at the End

Question 42

Question 42

Multiple Choice

What is the value today of receiving $2,500 at the end of three years,assuming an interest rate of 9% compounded annually?


A) $1,984.
B) $1,930.
C) $2,104.
D) $3,238.

Correct Answer:

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