What is the present value of a $500 payment made in four years when the discount rate is 8 percent?
A) $365.35
B) $367.51
C) $460.00
D) $680.24

Name: What is the present value of a $500 payment made in four years when the discount rate is 8 percent? A) $365.35 B) $367.51 C) $460.00 D) $680.24
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The Answer of What is the present value of a $500 payment made in four years when the discount rate is 8 percent?
A) $365.35
B) $367.51
C) $460.00
D) $680.24

What Is the Present Value of a $500 Payment Made