Monica wants to sell her share of an investment to Barney for $50,000 in three years. If money is worth 6% compounded semiannually, what would Monica accept today? (Use appropriate factor(s) from Table 1, FV of $1; Table 2, PV of $1; Table 3, FVA of $1; and Table 4, PVA of $1 contained within a separate file.)
A. $41,874.
B. $11,941.
C. $41,000.
D. $8,375.
Answer: A
Business
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