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24 An investment will pay you $22,000 in 7 years. The appropriate discount rate is 8 percent compounded daily. What is the present value? Multiple

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24 An investment will pay you $22,000 in 7 years. The appropriate discount rate is 8 percent compounded daily. What is the present value? Multiple Choice $13,195.74 $12,56737 $12,944.39 $11,939.00 $12,836.79

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