Question: Finding a present value is the reverse of finding a future value. Which of the following investments that pay will $ 1 8 , 0

Finding a present value is the reverse of finding a future value.
Which of the following investments that pay will $18,000 in 4 years will have a lower price today?
The security that earns an interest rate of 4.00%.
The security that earns an interest rate of 6.00%.

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