Question: 6 . How much would you pay for the right to receive $ 6 , 0 5 0 at the end of 4 years if

6. How much would you pay for the right to receive $6,050 at the end of 4 years if you can earn 5.00% interest ?
a. $4,977
b. $2,509
c. $86.26
d. $5,667

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