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3. What is the Present Value of $3,000 to be received in four years, given a discount rate of 5%? use the tables below. 8%

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3. What is the Present Value of $3,000 to be received in four years, given a discount rate of 5%? use the tables below. 8% Excerpt: PVIFs for $1 End of Period (n) 5% 6% 2 0.907 0.890 3 0.864 0.840 4 0.823 0.792 0.857 0.794 0.735 O 2468.11 O 2469 3600 None of the Above

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