1) At an annual interest rate of 7%, the present value of $5000 received in five years is closest to: A) $3565. B) $6750

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answerhappygod
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1) At an annual interest rate of 7%, the present value of $5000 received in five years is closest to: A) $3565. B) $6750

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1) At an annual interest rate of 7%, the present value of $5000
received in five years is closest to:
A) $3565.
B) $6750.
C) $7015.
D) $7035.
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