What is the present value of $500 payable in 10 years' time if the interest rate is 6% p.a.?
A)$290.50
B)$335.60
C)$895.40
D)$279.20

Name: What is the present value of $500 payable in 10 years' time if the interest rate is 6% p.a.? A)$290.50 B)$335.60 C)$895.40 D)$279.20
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The Answer of What is the present value of $500 payable in 10 years' time if the interest rate is 6% p.a.?
A)$290.50
B)$335.60
C)$895.40
D)$279.20

What Is the Present Value of $500 Payable in 10