Which of the following is the correct expression for finding the present value of a $1,000 payment one year from today if the interest rate is 6 percent? A)$1,000 (1.06) B)$1,000^(1.06) C)$1,000/(1.06) D)None of the above is correct.

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The Answer of Which of the following is the correct expression for finding the present value of a $1,000 payment one year from today if the interest rate is 6 percent? A)$1,000 (1.06) B)$1,000^(1.06) C)$1,000/(1.06) D)None of the above is correct.

Which of the Following Is the Correct Expression for Finding