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1 vote
What is the present value of $1000.00 to be received five years from today if the discount rate is 4%?

A-$5,273.75
B-$821.93
C-$185.93
D-$0.32

User Polyclef
by
7.1k points

1 Answer

5 votes
Answer:

B


Explanation
User ZheyuanWang
by
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