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1. What is the present value of $20,000 recieved 20 years from now if the interest rate is 10% per year? O a. $1,769.00 b.

1. What is the present value of $20,000 recieved 20 years from now if the interest rate is 10% per year? O a. $1,769.00 b. $2,973.00 Oc. $3, 501.00 O d. $5,317.00

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