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The Rate of Earnings Is 6% and the Cash to Be

Question 93

Multiple Choice

The rate of earnings is 6% and the cash to be received in 4 years is $20,000. The present value amount, using the following partial table of present value of $1 at compound interest is The rate of earnings is 6% and the cash to be received in 4 years is $20,000. The present value amount, using the following partial table of present value of $1 at compound interest is A) $13,660 B) $12,720 C) $15,840 D) $16,800


A) $13,660
B) $12,720
C) $15,840
D) $16,800

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