Using the tables above,what would be the present value of $30,000 to be received 3 years from today,assuming an earnings rate of 6%?

Name: Using the tables above,what would be the present value of $30,000 to be received 3 years from today,assuming an earnings rate of 6%?
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Quizplus · Accepted Answer

The present value of $30,000 to be received 3 years from today, assuming an earnings rate of 6%, is $25,200. This is calculated by multiplying the future value by the present value factor for 3 years at 6%, which is 0.8333.

Using the Tables Above,what Would Be the Present Value of $30,000