You are supposed to receive $2,000 five years from now. At an interest rate of 6%, what is that $2,000 worth today?
A) $1,491.97
B) $1,492.43
C) $1,494.52
D) $1,497.91
E) $1,499.01

Question

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The Answer of You are supposed to receive $2,000 five years from now. At an interest rate of 6%, what is that $2,000 worth today?
A) $1,491.97
B) $1,492.43
C) $1,494.52
D) $1,497.91
E) $1,499.01

You Are Supposed to Receive $2,000 Five Years from Now