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The Present Value of $40,000 to Be Received in Two

question 37

Multiple Choice

The present value of $40,000 to be received in two years,at 12% compounded annually,is _____ (rounded to nearest dollar) .Use the following table,if needed. ​

The present value of $40,000 to be received in two years,at 12% compounded annually,is _____ (rounded to nearest dollar) .Use the following table,if needed. ​ ​   A)  ​$31,888 B)  ​$48,112 C)  ​$8,112 D)  ​$40,000


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