Discounted at 6%, $1000 received three years from now is worth less than $800 received today.
(App. B: 3 periods, 6%)
= $1,000 x .840 = $840

Name: Discounted at 6%, $1000 received three years from now is worth less than $800 received today. (App. B: 3 periods, 6%) = $1,000 x .840 = $840
Brand: Quizplus
Rating: 4.9 (31 reviews)

Question

Discounted at 6%, $1000 received three years from now is worth less than $800 received today.  
(App. B: 3 periods, 6%)
= $1,000 x .840 = $840

Quizplus · Accepted Answer

The Answer of Discounted at 6%, $1000 received three years from now is worth less than $800 received today.  
(App. B: 3 periods, 6%)
= $1,000 x .840 = $840

Discounted at 6%, $1000 Received Three Years from Now Is