Question
You are planning to move next year. You recently told your best friend that you have decided to sell all of your current furniture just
You are planning to move next year. You recently told your best friend that you have decided to sell all of your current furniture just prior to moving as you do not want to pay to transport it across the country. Your friend offered to pay you $2,000 next year for this furniture. What is your friend's offer worth today if you can earn 6% on your money?
| A. | $1,779.99 | |
| B. | $1,818.22 | |
| C. | $1,886.79 | |
| D. | $2,000.00 |
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Financial Sector Reform And Privatization In Transition Economies
Authors: John Doukas, Victor Murinde, Clas Wihlborg
1st Edition
044482653X, 9780444826534
