Question: Carter will receive $ 2 , 2 5 5 from his grandparents 2 4 years from now. If the discount rate is 2 4 %

Carter will receive $2,255 from his grandparents 24 years from now. If the discount rate is 24% compounded annually, how much is Carter's money worth today?
$8.39
$9.79
$393,792.09
$12.91
Carter will receive $2,255 from his grandparents 24 years from now.

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