What Is the Present Value Today of $6,000 to Be

question 46

Multiple Choice

What is the present value today of $6,000 to be received six years from today?

• A)$6,000 × 0.909 × 6
• B)$6,000 × 0.751 × 2
• C)$6,000 × 0.621 × 0.909
• D)$6,000 × 0.683 × 3

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Utility

Utility refers to the total satisfaction received from consuming a particular good or service.

Gasoline

A combustible, easily evaporated substance obtained from crude oil, primarily utilized as a propellant in internal combustion engines.

Auto Repairs

Maintenance and repair services for vehicles, focusing on ensuring functionality and safety.

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