The present value of $7,000 to be received in seven years at 7% compounded annually is
a.$3,430.
b.$6,657.
c.$4,361.
d.$7,000.
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
(Save $1 )
One time Pay
(Save $5 )
Billed Monthly
*First month only
You can see the logs in the Dashboard.