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13. What is the present value of $1,000 to be received in three years at 15%? a $550.00 b. $1,000 C. $850.25 d. $667.50

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13. What is the present value of $1,000 to be received in three years at 15%? a $550.00 b. $1,000 C. $850.25 d. $667.50

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