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50 of 50 View Policies Current Attempt in Progress < 7 -/1 E Waterway Industries will receive $820000 in a future year. If the future

50 of 50 View Policies Current Attempt in Progress < 7 -/1 E Waterway Industries will receive $820000 in a future year. If the future receipt is discounted at an interest rate of 8%, its present value is $558076. In how many years is the $820000 received? O 7 years O 5 years O 6 years O 4 years

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