Question: If the interest rate is ( 3 % ) , then the present value of ( $ 2 0 0

If the interest rate is \(3\%\), then the present value of \(\$ 200\) to be received one year from now is: \$206.00.
\$203.00.
\$191.47.
\$194.17.
If the interest rate is \ ( 3 \ % \ ) , then the

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