If the Current Rate of Interest Is 8%, Then the Present

question 25

Multiple Choice

If the current rate of interest is 8%, then the present value (PV) of an investment that pays $1 000 per year and lasts 20 years is closest to:

• A)$18 519
• B)$9 818
• C)$45 761
• D)$20 000

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A parameter that indicates the level of dispersion or variability within a collection of data points.