Question: Answer please 6. How much would you pay for the right to receive $28.750 at the end of 10 years if you can eam 5.00%

Answer please

6. How much would you pay for the right to receive $28.750 at the end of 10 years if you can eam 5.00% interest ? a. $1.607 b. $15.889 c. $28.750 d. $17.650

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