You Expect to Receive $5, 000 in 25 Years

question 16

Multiple Choice

You expect to receive $5, 000 in 25 years.How much is it worth today if the discount rate is 5.5%?

• A) $1, 067.95
• B) $1, 124.16
• C) $1, 183.33
• D) $1, 245.61
• E) $1, 311.17