Question: QUESTION 4 Present Value Computation You will receive $2,500 in four years. What is the present value if you can earn 6% interest compounded annually?
QUESTION 4
Present Value Computation You will receive $2,500 in four years. What is the present value if you can earn 6% interest compounded annually?
Use Excel or a financial calculator for computation. Round your answer to the nearest dollar.
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