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A company has $20,000 that will become available for use in exactly 5 years. What is the present value of this amount today, if the
A company has $20,000 that will become available for use in exactly 5 years. What is the present value of this amount today, if the interest rate is 3.5%? A. $16,840 B. $14,310 C. $18,690 D. $23,750
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