Following Is a Table for the Present Value of $1

question 131

Multiple Choice

Following is a table for the present value of $1 at compound interest: Following is a table for the present value of an annuity of $1 at compound interest: ​
-Using the tables provided, the present value of $30,000 to be received 3 years from today, assuming an earnings rate of 6%, is

• A)$25,200
• B)$26,700
• C)$23,760
• D)$80,190

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