Compute the Present Value of a $2,500 Deposit in Year

question 79

Multiple Choice

Compute the present value of a $2,500 deposit in year 4 and another $10,000 deposit at the end of year 8 if interest rates are 15 percent.

• A) $4,211.26
• B) $4,572.19
• C) $4,698.40
• D) $4,901.57