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Apple offers you $1,000 for testing their new IPad. The $1,000 will be a note payable to you in 15 years. Assuming an interest rate

Apple offers you $1,000 for testing their new IPad. The $1,000 will be a note payable to you in 15 years. Assuming an interest rate of 10%, what is the note payable actually worth today?
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QUESTION 19 Apple offers you $1,000 fo actually worth today? A.$905 B.$1,000 C.$189 D.$239 E.$645 QUESTION 20

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