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8 years from now you will be inheriting $100,000. What is the inheritance worth to you today if you can earn 7.25% interest compounded annually?
8 years from now you will be inheriting $100,000. What is the inheritance worth to you today if you can earn 7.25% interest compounded annually?
A. $57124.39
B. 61798.47
C. 58419.05
D. 63215.46
E. 53003.15
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