Assuming the interest rate is 6 percent, which of the following has the greatest present value?
A)$300 paid in two years
B)$150 paid in one year plus $140 paid in two years
C)$100 paid today plus $100 paid in one year plus $100 paid in two years
D)$285 today

Question

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The Answer of Assuming the interest rate is 6 percent, which of the following has the greatest present value?
A)$300 paid in two years
B)$150 paid in one year plus $140 paid in two years
C)$100 paid today plus $100 paid in one year plus $100 paid in two years
D)$285 today

Assuming the Interest Rate Is 6 Percent, Which of the Following