What is the present value of a payment of $150 one year from today if the interest rate is 6 percent?
A)$141.11
B)$141.36
C)$141.75
D)None of the above are correct to the nearest penny.

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The Answer of What is the present value of a payment of $150 one year from today if the interest rate is 6 percent?
A)$141.11
B)$141.36
C)$141.75
D)None of the above are correct to the nearest penny.

What Is the Present Value of a Payment of $150