Martha Is Going to Receive $6,000 in Two Years from Tom

question 52

Multiple Choice

Martha is going to receive $6,000 in two years from Tom. She will receive an additional $4,000 in three years from Tom. She earns 7.15% on her investments. How much is this money from Tom worth
To Martha today?

• A) $7,893.46
• B) $8,477.47
• C) $8,891.74
• D) $9,225.97
• E) $9,251.50