What is the present value of $300 received at the end of year 1, $400 received at the end of year 2, and $200 received at the end of year 3, assuming an interest rate of 12%?
Answer: $729.10
Quiz Journal
Personal Finance
What is the present value of $300 received at the end of year 1, $400 received at the end of year 2, and $200 received at the end of year 3, assuming an interest rate of 12%?
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