What is the Present Value ( PV ) of $ 1 8 5 , 0 0 0

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What is the Present Value $($ PV $)$ of $ $185, 000,$ assuming a $2 %$ interest rate for $5$ years $($ rounded to $2$ decimal places $) ?$

a $.$ $ $128, 312.95$

b $.$ $ $165, 584.00$

c $.$ $ $167, 560.05$

d $.$ $ $142, 685.00$

Related Book For answer-question

College Physics

ISBN: 978-0321601834

7th edition

Authors: Jerry D. Wilson, Anthony J. Buffa, Bo Lou

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Posted Date: Jan 17, 2024 09:40 AM

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What is the Present Value ( PV ) of $ 1 8 5 , 0 0 0

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