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2 Determine the present value as of January 1, 2022 of a $1,200 payment received every three months for five years beginning on April 1,

2 Determine the present value as of January 1, 2022 of a $1,200 payment received every three months for five years beginning on April 1, 2022 assuming a discount rate of 8%. Selected Answer: $11,782 Question 3 Determine the present value as of January 1, 2022 of a $1,200 payment received every three months for five years beginning on January 1, 2022 assuming a discount rate of 8%. Selected Answer: $11,782

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