Calculate the discounted value of $2,875 to be received from a bank a year later at an interest of 15 percent per annum.
A)$2,625
B)$2,075
C)$2,015
D)$2,500

Name: Calculate the discounted value of $2,875 to be received from a bank a year later at an interest of 15 percent per annum. A)$2,625 B)$2,075 C)$2,015 D)$2,500
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The Answer of Calculate the discounted value of $2,875 to be received from a bank a year later at an interest of 15 percent per annum.
A)$2,625
B)$2,075
C)$2,015
D)$2,500

Calculate the Discounted Value of $2,875 to Be Received from a Bank