# Four years from now you will receive a single payment of $3,000 .What is the present value

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## Question:

Four years from now you will receive a single payment of $3,000 .What is the present value if the discount rate is 5.3% ?

Round your answer to the nearest penny (two decimal points)

**Related Book For**

## Fundamentals of Corporate Finance

ISBN: 978-0077861629

8th edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus