what-is-the-present-value-of-2000-to-be-received-in-10-years-if-the-discount-rat

Question

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

Accepted Answer

$1,227.83

Answer

$1,600.00

Answer

$1,500.00

Answer

$1,300.00

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