Question: f the interest rate is 3 % , $ 7 5 0 received at the end of 6 years is worth how much today? 7

f the interest rate is 3%, $750 received at the end of 6 years is worth how much today?
750/(0.03)6.
750/(1+.03)6.
750/(1+3)6.
None of the above.

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