Question: Swish James has signed a contract including $2 million in deferred compensation that will be paid at the end of two years. What is the

Swish James has signed a contract including $2 million in deferred compensation that will be paid at the end of two years. What is the present value of this contract if he could earn a 4% annual return on his money?

		$1,849.11
		$961.54
		$1,847.69
		$2,000,000
		$2,163,200

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