Assuming an Interest Rate of 5%, What Would the Present

question 31

Multiple Choice

Assuming an interest rate of 5%, what would the present value be of $4 million to be received in 4 years?

• A)$2,468,107.42
• B)$2,887,753.24
• C)$3,290,809.89
• D)$3,469,145.89

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