Question

Josh will inherit a lump sum amount of $620,000 that is payable in 10 years. The current rate of return is 3.3%.

What is the present value of the lump sum?

$857,818

$85,782

$64,046

$204,600

$448,114

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"