Assume that a borrower is willing to pay you $2,000 at the end of three years in return for a sum of money now. To receive a return of 10%, how much are you willing to lend now?
A) $1,502
B) $1,786
C) $1,802
D) $1,818

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The Answer of Assume that a borrower is willing to pay you $2,000 at the end of three years in return for a sum of money now. To receive a return of 10%, how much are you willing to lend now?
A) $1,502
B) $1,786
C) $1,802
D) $1,818

Assume That a Borrower Is Willing to Pay You $2,000