Present and Future Value Tables of $1 at 3% Are

question 79

Multiple Choice

Present and future value tables of $1 at 3% are presented below:

-Monica wants to sell her share of an investment to Barney for $50,000 in three years. If money is worth 6% compounded semiannually, what would Monica accept today?

• A) $8,375.
• B) $41,874.
• C) $11,941.
• D) $41,000.

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