Compute the Present Value of $4,000 Paid in Five Years

question 134

Multiple Choice

Compute the present value of $4,000 paid in five years using the following discount rates: 10 percent in year 1, 2 percent in year 2, 12 percent in year 3, and 9 percent in years 4 and 5.

• A) $2,679.15
• B) $2,206.81
• C) $2,317.03
• D) $2,362.19

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Public Relations Student Society of America, an organization that offers public relations students opportunities to enhance their education and careers through industry involvement.

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