Skip to main content

My Courses

Calculators AI Tools Study Prep Blog Study Prep Home

Using Time Value of Money Tables

10. Time Value of Money / Using Time Value of Money Tables / Problem 6

Problem 6

If you want to find the present value of \$5,000 to be received in 8 years at an interest rate of 4%, which factor from the table would you use?

A

0.750

B

0.790

C

0.730

D

0.680