Question: Bookmark question for later You will receive $ 1 , 0 0 0 at the end of 1 0 years. How much would you accept

Bookmark question for later
You will receive $1,000 at the end of 10 years. How much would you accept NOW in exchange for your right to receive $1,000 at the end of 10 years? You can earn 12 percent compounded MONTHLY on any investments you make.
$2,200
$425
$303
$1,000

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