How much would 1000 due ie paid in 20 years be worth today

How much would 1000 due ie paid in 20 years be worth today

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Reference no: EM13451974

How much would $1,000 due (i.e, paid) in 20 years be worth today if the (annualized) discount rate were 5.5%?

a.$328.95

b.$397.62

c.$275.00

d.$342.73

Reference no: EM13451974

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