What is the present value of $2,000 to be received in six years if interest rates are 8% compounded semiannually? (Round to the nearest whole dollar)
A) $1,258
B) $1,249
C) $1,852
D) $1,158
E) $1,923
B
Business
A) $1,258
B) $1,249
C) $1,852
D) $1,158
E) $1,923
B