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You are supposed to receive $3,655.00 five years from now. At an interest rate of 9%, what is that $3,600 worth today? 1. $2,339.75 2.
You are supposed to receive $3,655.00 five years from now. At an interest rate of 9%, what is that $3,600 worth today?
1. | $2,339.75 | |
2. | $2,375.50 | |
3. | $2,450.10 | |
4. | $2,550.33 | |
5. | $2,699.03 |
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