What is the present value of $1000 to be received ten years from today,assuming an interest rate of nine percent per annum?
A)$402
B)$488
C)$470
D)$422

Name: What is the present value of $1000 to be received ten years from today,assuming an interest rate of nine percent per annum? A)$402 B)$488 C)$470 D)$422
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The Answer of What is the present value of $1000 to be received ten years from today,assuming an interest rate of nine percent per annum?
A)$402
B)$488
C)$470
D)$422

What Is the Present Value of $1000 to Be Received