bryamp1188 bryamp1188

15-03-2024
Business

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Present value is the value in today's dollars of funds to be paid or received in the future. If the current interest rate is 11%, then the present value of $1,000 to be received in 13 years is $______.
a) $315.99
b) $165.29
c) $261.42
d) $312.12

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