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What is the present value of $1000.00 to be received five years from today if the discount rate is 4%? A-$5,273.75 B-$821.93 C-$185.93 D-$0.32

What is the present value of $1000.00 to be received five years from today if the discount rate is 4%? A-$5,273.75 B-$821.93 C-$185.93 D-$0.32
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1 vote
What is the present value of $1000.00 to be received five years from today if the discount rate is 4%?

A-$5,273.75
B-$821.93
C-$185.93
D-$0.32

asked
User Polyclef
by
8.2k points

1 Answer

5 votes
Answer:

B


Explanation
answered
User ZheyuanWang
by
8.5k points
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