Question
You are due to receive a lump-sum payment of $2,350 in seven years. Assuming a discount rate of 2.5 percent interest, what would be the
You are due to receive a lump-sum payment of $2,350 in seven years. Assuming a discount rate of 2.5 percent interest, what would be the value of the payment in Year 4?
Multiple Choice
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$2,128.98
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$2,236.76
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$2,182.21
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$2,292.68
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$1,976.97
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Renewable Energy Finance Funding The Future Of Energy
Authors: Charles W Donovan
2nd Edition
1786348594, 9781786348593
