What will be the present worth of 3720 due 3 yr hence at 8% per annu – McqOptions

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1.	What will be the present worth of 3720 due 3 yr hence at 8% per annum? Also, find the true discount.
A.	PW = 3000 and TD = 720
B.	PW = 15000 and TD = 720
C.	PW = 3000 and TD = 320
D.	PW = 1000 and TD = 420
E.	None of the above
Answer» B. PW = 15000 and TD = 720

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