What is the present value of $1,000 to be received in 3 years at an annual rate of 5%?

Prepare for the PHFO Quantitative Analysis For Business Exam. Study with flashcards, multiple choice questions, hints, and explanations to ensure confidence and success in your exam!

Multiple Choice

What is the present value of $1,000 to be received in 3 years at an annual rate of 5%?

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