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Below Is a Table for the Present Value of $1

Question 12

Multiple Choice

Below is a table for the present value of $1 at Compound interest. Below is a table for the present value of $1 at Compound interest. Below is a table for the present value of an annuity of $1 at compound interest. Using the tables above, what would be the present value of $15,000 (rounded to the nearest dollar) to be received four years from today, assuming an earnings rate of 10%? A) $11,250 B) $10,245 C) $3,750 D) $47,550
Below is a table for the present value of an annuity of $1 at compound interest.
Below is a table for the present value of $1 at Compound interest. Below is a table for the present value of an annuity of $1 at compound interest. Using the tables above, what would be the present value of $15,000 (rounded to the nearest dollar) to be received four years from today, assuming an earnings rate of 10%? A) $11,250 B) $10,245 C) $3,750 D) $47,550 Using the tables above, what would be the present value of $15,000 (rounded to the nearest dollar) to be received four years from today, assuming an earnings rate of 10%?


A) $11,250
B) $10,245
C) $3,750
D) $47,550

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