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$ 1500 due in seven years at 5% effective rate, then the present value is A. 1066.02 $ B. 1055.02 $ C. 1077.02 $ D.

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$ 1500 due in seven years at 5% effective rate, then the present value is A. 1066.02 $ B. 1055.02 $ C. 1077.02 $ D. 1044.02 $

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