If the interest rate is 5 percent, the present value of $2,000 to be received one year from today is about
A) $2,005.
B) $1,995.
C) $1,905.
D) $2,100.

Name: If the interest rate is 5 percent, the present value of $2,000 to be received one year from today is about A) $2,005. B) $1,995. C) $1,905. D) $2,100.
Brand: Quizplus
Rating: 4.9 (38 reviews)

Question

Quizplus · Accepted Answer

The Answer of If the interest rate is 5 percent, the present value of $2,000 to be received one year from today is about
A) $2,005.
B) $1,995.
C) $1,905.
D) $2,100.

If the Interest Rate Is 5 Percent, the Present Value