The value of payment is $25 and an interest rate is 2%, then the present value will be Options: A . &nbsp12.5 dollars B . &nbsp0.0008 dollars C . &nbsp1,250 dollars D . &nbsp0.8 dollars

The value of payment is $25 and an interest rate is 2%, then the present value w

Question

The value of payment is $25 and an interest rate is 2%, then the present value will be

Options:

A . 12.5 dollars

B . 0.0008 dollars

C . 1,250 dollars

D . 0.8 dollars

Answer: Option C
Answer: (c).1,250 dollars

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