Use the present value formula to determine the amount to be invested now, or the present value needed.The desired accumulated amount is $3800 after 4 years invested in an account with 5% interest compounded annually.
A. $3282.58
B. $4618.92
C. $673.73
D. $3126.27
Answer: D
Mathematics
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A. 
th
B. 
th
C. 
th
D. 
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What will be an ideal response?
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A. 2 and 5 B. -2 and -5 C. 10 D. none
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