Multiple Choice
Assuming an interest rate of 5%, what would the present value be of $4 million to be received in 4 years?
A) $2,468,107.42
B) $2,887,753.24
C) $3,290,809.89
D) $3,469,145.89
Correct Answer:
Verified
Related Questions
Assuming an interest rate of 5%, what would the present value be of $4 million to be received in 4 years?
A) $2,468,107.42
B) $2,887,753.24
C) $3,290,809.89
D) $3,469,145.89
Correct Answer:
Verified
