The present value of $3,000 at the end of seven years at 8% interest is a. $2,228.

Question:

The present value of $3,000 at the end of seven years at 8% interest is

a. $2,228.

b. $1,749.

c. $3,000.

d. $15,618.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting

ISBN: 978-0134725987

12th edition

Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.

Question Posted: