单选题
Given a 5 percent discount rate, the present value of $ 500 to be received three years from today is :
A、
A. $ 432.
B、
B. $ 400.
C、
C. $ 452.
【正确答案】
A
【答案解析】
N=3; I/Y=5; FV=500; PMT=0; CPT→PV=431.92. OR 500/1.053=431.92.
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