If your program is predicted to be worth $450,000 in two years what is the present value of the program if the interest rate is six percent?

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You are the program manager for your organization. Management would like to consider the present value for your program.

If your program is predicted to be worth $450,000 in two years what is the present value of the program if the interest rate is six percent?
A . $400,498
B . $521,345
C . $505,620
D . $385,450

Answer: A

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