Question: The present value of $ 6 , 0 0 0 you will receive 3 years from today is $ 5 , 3 3 3 .

The present value of $6,000 you will receive 3 years from today is $5,333.98, assuming a 4% interest (discount) rate. What would the difference in the present value be if the interest (discount) rate was assumed to be 3%? Question options: $137.44 or $223.62

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