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10-12) Determine the present value of $36,000 to be received in two years, at 12% compounded annually (rounded to nearest dollar). Use the following table,

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10-12) Determine the present value of $36,000 to be received in two years, at 12% compounded annually (rounded to nearest dollar). Use the following table, if needed. Present Value of $1 at Compound Interest 10% 6% 7% 5% 0.95238 0.94340 0.93458 0.909090.89286 0.90703 0.96384 0.839620.816300.75132 0.71178 0.82270 0.79209 0.76290 0.68301 0.63552 0.78353 0.74726 0.71299 0.62092 0.56743 periods 0.79719 0.89000 0.82645 0.74622 0.70496 0.66634 os6447 0.50663 0.71068 0.66506 0.622750.513160.45235 67684 0.627410.582010.466510.40388 0.644610.591900.543930.42410 0.36061 0.61391 0.55840 0.508350.385540.32197 10 Select the correct ansvwer $28.699 532.040 $31.444 $29,752 Prevjous Next All work saved ype here to search

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