What is the discounted value of $9900.00 due in five years, seven months if money is worth 2.2% compounded quarterly.
A) $9031
B) $9118
C) $6855
D) $6876
E) $8757

Name: What is the discounted value of $9900.00 due in five years, seven months if money is worth 2.2% compounded quarterly. A) $9031 B) $9118 C) $6855 D) $6876 E) $8757
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Quizplus · Accepted Answer

The correct answer is A because the discounted value of $9900.00 due in five years, seven months if money is worth 2.2% compounded quarterly is $9031.

What Is the Discounted Value of $9900