An investment will pay you $120 in one year and $200 in two years. If the interest rate is 4%, what is the present value of these cash flows?
A) $304.91
B) $307.69
C) $300.29
D) $320.00
Answer: C
Business
A) $304.91
B) $307.69
C) $300.29
D) $320.00
Answer: C