How Much Would $5,000 Due in 15 Years Be Worth

question 30

Multiple Choice

How much would $5,000 due in 15 years be worth today if the discount rate were 5.5%?

• A) $2,351.65
• B) $2,239.67
• C) $2,441.24
• D) $2,530.82
• E) $1,858.92