Use this information to answer the following question. What is the present value of receiving $800 at the end of each year for three years,assuming an APR of 7 percent?
A)$652.80
B)$1,952.40
C)$2,099.20
D)$2,244.00

Question

Use this information to answer the following question.  What is the present value of receiving $800 at the end of each year for three years,assuming an APR of 7 percent?
A)$652.80 
B)$1,952.40 
C)$2,099.20 
D)$2,244.00

Quizplus · Accepted Answer

The Answer of Use this information to answer the following question.  What is the present value of receiving $800 at the end of each year for three years,assuming an APR of 7 percent?
A)$652.80 
B)$1,952.40 
C)$2,099.20 
D)$2,244.00

Use This Information to Answer the Following Question