Question: Assuming a 6% rate of return, how does the present value of an amount to be reveived 2 years from today compare to the present

Assuming a 6% rate of return, how does the present value

Assuming a 6% rate of return, how does the present value of an amount to be reveived 2 years from today compare to the present value of the same amount to be received 3 years from today? OA. The present value of the amount to be received in 2 years is less than the present value of the amount to be received in 3 years. B. The present value of the amount to be received in 2 years is greater than the present value of the amount to be received in 3 years. OC. The present values of the two amounts are equal. D. It is impossible to answer unless the amount to be received is known

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