What is the minimum future value this organization should expect to receive from this program if it is initiated and the rate of return is six percent?

An organization is considering a new program . The program has a cost of $1,950,000 and will last for three years.

What is the minimum future value this organization should expect to receive from this program if it is initiated and the rate of return is six percent?
A . $2,322,481
B . $1,950,000
C . $2,067,000
D . $1,950,001

View Answer

Answer: A