An investment paying $1000 in 1 year,$2000 in 2 years and $7000 in 3 years returning 10% per annum has a present value of:
A)$8129.39.
B)$6002.54.
C)$7210.20.
D)$7821.19.

Question

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The Answer of An investment paying $1000 in 1 year,$2000 in 2 years and $7000 in 3 years returning 10% per annum has a present value of:
A)$8129.39.
B)$6002.54.
C)$7210.20.
D)$7821.19.

An Investment Paying $1000 in 1 Year,$2000 in 2 Years