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2 An investment will pay you $25,000 in 10 years. The appropriate discount rate is 11 percent compounded daily. Required: What is the present value?

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2 An investment will pay you $25,000 in 10 years. The appropriate discount rate is 11 percent compounded daily. Required: What is the present value? 1 points Skipped Multiple Choice $8,572.85 $8,804.61 $8,323.16 a O $8,739.31 O $7,907.00

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