Which,if Any,of the Present Values Below Are Correct

question 7

Multiple Choice

Which,if any,of the present values below are correct?

• A)$1,000 one year from today at 8 percent interest = $945.45
• B)$1,000 one year from today at 9 percent interest = $911.11
• C)$1,000 one year from today at 10 percent interest = $909.09
• D)None of the above are correct to the nearest penny.

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