Business, 17.12.2020 17:10 ppennycuff405125

What is the approximate present value of $1 that will be paid to you in 3 years if the interest rate were 5 percent? a. $1.00
b. $1.05
c. $0.86
d. $1.14

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What is the approximate present value of $1 that will be paid to you in 3 years if the interest rate...