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ia45122 ia45122
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2 years ago
The present value of $1,000 discounted at the rate of 5% per year, to be received at the end of 3 years is equal to

▸ $1,000/(1.03)5.

▸ $1,000/(1.05)3.

▸ $1,000 × (1.05)3.

▸ $1,000 - ($1,000) × .03 × 5.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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cherylelcherylel
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2 years ago
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ia45122 Author
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2 years ago
This calls for a celebration Person Raising Both Hands in Celebration
spaghetti
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
jmendoza
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this is exactly what I needed
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