Description of this paper

What is the present value of a payment

Description

solution


Question

Question;What is the present value of a payment of $2,000 to be received two years from today if the interest rate is 5%?a. $2205 b. $2200 c. $1818.18 d. $1814.06

 

Paper#56909 | Written in 18-Jul-2015

Price : $22
SiteLock