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Below are time value factors of $1 for 8% interest over four periods. Column 3 represents the: Multiple Choice present value of an ordinary annuity

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Below are time value factors of $1 for 8% interest over four periods. Column 3 represents the: Multiple Choice present value of an ordinary annuity of $1 future value of $1 present value of $1. What is the value today of receiving $3,800 at the end of two years, assuming an interest rate of 12% compounded annually? Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar. (EV of S1, PV of S1. EVA of St, and PVA of Si): Multiple Choice $3,379 $3,029 $3,079 $2.888

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