Question
You will receive $1000 in 1 year from now, the interest rate is 6%. What is the present value of this money amount? Assume interest
You will receive $1000 in 1 year from now, the interest rate is 6%. What is the present value of this money amount? Assume interest rate compounding annually.
Group of answer choices
943.3962
970.8738
None is correct
1000
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The Economics And Finance Of Professional Team Sports
Authors: Daniel Plumley, Rob Wilson
1st Edition
0367655667, 978-0367655662
