Question: 2 vig to another question will save this response. Question 3 of 20 Question 3 0.05 points Save A $500.000 (lump sum) six years from
2 vig to another question will save this response. Question 3 of 20 Question 3 0.05 points Save A $500.000 (lump sum) six years from now The required rate of return is 94. What is the present value if he selects the third option? Round to nearest whole dollar, Present value of $1: 895 9% 10% 1 0.926 0.914 0.905 2 0.857 0.842 0826 3 0.794 0.772 0.751 4 0735 0.708 0 689 5 0.681 0.65 0.621 6 0.63 0.5961 0.664 7 0583 0.567 0513 12 $250.000 3230 000 5238,400 $298.000 741 AM Sunday
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