Present Value Given a 6 Percent Interest Rate,compute the Present

question 54

Multiple Choice

Present Value Given a 6 percent interest rate,compute the present value of deposits made in years 1,2,3,and 4 of $1,200,$1,400,$1,400,and $1,500.

• A)$4,356.52
• B)$4,741.68
• C)$5,188.68
• D)$5,506.00

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