Calculate the Present Value of an Investment That Will Be

question 59

Multiple Choice

Calculate the present value of an investment that will be worth $2,000 after 3 years at 8% per year compounded annually. Round your answer to the nearest cent. ​

• A)$1,587.66
• B) $1,574.51
• C) $1,715.81
• D) $2,258.90
• E) $1,944.78

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