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Time Value of Money Calculations

13. The Financial System / Time Value of Money Calculations / 문제 6

문제 6

What is the present value of \$2,000 to be received in 10 years if the discount rate is 5%?

A

\$1,600.00

B

\$1,500.00

C

\$1,227.83

D

\$1,300.00