Question: HELP! IT HAS A ONE HOUR TIME LIMIT! WHATS THE CORRECT ANSWER USING A FINANCIAL CALC A business promises to pay the investor of $2,000

HELP! IT HAS A ONE HOUR TIME LIMIT! WHATS THE CORRECT ANSWER USING A FINANCIAL CALC

A business promises to pay the investor of $2,000 today for a payment of $500 in one year's time, $1,000 in two years' time and $1,000 in three years' time. What is the present value of this business opportunity if the interest rate is 6% per year? A. $322 B. $201 C. $242 D. $101

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