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Reading 5: The Time Value of Money- LOS d, (Part 4)~ Q6

Q6. What is the total present value of $200 to be received one year from now, $300 to be received 3 years from now, and $600 to be received 5 years from now assuming an interest rate of 5%?

A)   $980.89.

B)   $905.87.

C)   $919.74.

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d

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c

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