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Find the present value of a single future payment of FV = $35,000 to be made 8 years from today, assuming an interest rate
Find the present value of a single future payment of FV = $35,000 to be made 8 years from today, assuming an interest rate of 1.6% per year compounded continuously. Identify the correct present value formula for the given values. OA. PV=35,000 0.016-8 OB. 35,000 PV -0.016.8 OC. PV=35,000 0.016tdt 0 OD. PV=35,000e 1.6.8 PV = $ 1 (Do not round until the final answer. Then round to the nearest hundredth as needed.)
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